It has NEVER been cheap, as you would understand the term. If it were CHEAP, it would have already been done. If you understood economics, you would not make such a ridiculous statement.
The only people that are impacted by rising prices are those unable (or unwilling) to have their income adjust close to the same rate as prices increase.
People like to do things, like eat and drive cars. The people for whom their ability to eat and drive cars depends upon producing food and gas to sell will figure out substitute products, or another way to keep demand in line with supply. So will consumers. If oil pumped from the ground won't meet the demand for energy at a price the marketplace deems fair, something else will.
Malthus was wrong in the 1820's and he is wrong now.
Of course, that's not true. Technological advance often brings down prices, and provides new services, and the transition is quite painless. I present, as evidence, computers, communications, airplanes, autos, food processing, shoes, etc. Need I go on?
The only people that are impacted by rising prices are those unable (or unwilling) to have their income adjust close to the same rate as prices increase
And their numbers are miniscule so why even bring it up? Right?
The people for whom their ability to eat and drive cars depends upon producing food and gas to sell will figure out substitute products, or another way to keep demand in line with supply
Like depressions, wars, famines, poverty, sickness, bankruptcy. Ever popular solutions that guys like you always manage to forget or overlook.