Gas woes

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"What will happen to the price of gasoline when a 'go to market' fuel cell hits the scene? Or electric cars which can go 500 miles on a charge? Oh, they are both coming - sooner rather than later. The oil barons might just be stuffing their pockets right now for their last big shebang."

I seriously don't get it. I just read an article this morning (not the first I have read about this issue), stating that gasoline is going to be crazy expensive this summer. Like close to $3/gallon. Why is that? A coming oil shortage? Not hardly. By year's end, it is predicted we will be an energy exporter on par with Saudi Arabia. Then what the what?
It is no secret that the world is clamoring to get off its oil diet. All that carbon nonsense and climate change stuff. Plus - it is a fact with the proven reserves we know about today, we only have 50 years of oil left at today's consumption. Huh? I thought we were suppose to run out of oil years ago, per the 1990's panic merchants. Wrong. Plus, we keep upping our predictions as we discover more proven reserves.
In addition, many of us have seen a growing number of buses and small trucks which run on natural gas. Well we must be running out of that stuff! Nope - about 100 years supply remains. Well then, if the world is still "awash" in oil, and we have natural gas coming out of our ears, why in the world are we going to be paying so much more for gas this summer?
I have heard this explained to me so many times I get dizzy. World markets, spot markets, boutique gasoline for summer driving, refineries shut down for summer maintenance, blah, blah, blah. Someone a whole lot brighter than I then might ask the following question - "Why do we have a Department of Energy?" I mean, what good is it, if it cannot guarantee price stability in our gasoline prices, regardless of these external market forces. I mean, we are sitting on a boatload of oil right now.
In any event, all this bellyaching will not do a ding dang thing about the upcoming summer driving. What will happen to the price of gasoline when a "go to market" fuel cell hits the scene? Or electric cars which can go 500 miles on a charge? Oh, they are both coming - sooner rather than later. The oil barons might just be stuffing their pockets right now for their last big shebang.
The "good" news however, is the paper this morning said we will also have world class gridlock in getting around town this summer. George Jetson - where are you with that flying car?