"These days we have seen the future of the peak Oil Society. Oil production in Libya is not more than 2% of the global oil production per day. We can see the disruption and strain on the oil market even with such low fraction of the global production of oil being taken out from the market. Oil has spiked above 100 $/b for Crude yesterday. Europeans are paying more than 100 $/b for Brent for weeks now.
Electric Cars are the future and they are ready to go now. James Cameron knows thing or two about the future and "it is the best choice out there now for sustainability and transportation."