France has won a bid to build an internationally funded Fusion Reactor, which will attempt to convert sea-water into fuel, thus solving the tricky uranium shortage issue. Given that oil production will certainly peak within the next decade (implying an everdwindling resource from that time on--see "Texas oilfield"), as demand wills surely rise. (See "China")

This is the kind of initiative that the US should be spearheading, as it's the industy of the future.

Imagine the economic and political changes that would result from the US replacing the Middle East as a prime supplier of the world's energy needs.

Imagine the highways purring with powerful, fuel-cell-driven cars and trucks, all emitting an exhaust of life-giving oxygen and water mist.

Imagine every glazier, cement-worker, chemist ,engineer and plumber employed in a vast ever-growing, ever-more lucrative industry.

Imagine oil as an anachronism.

They may say I'm a dreamer. But I'm not the only one.

http://nytimes.com/2005/06/28/international/europe/28cnd- fusion.html? hp&ex=1120017600&en=9690d0982af11160&ei=5094&partner= homepage