High Gas Prices To Help The Tech Industry?

from the all-depends dept

We've already talked about how high gas prices may be pushing more people to shop online and to telecommute, but what about its overall impact on the tech industry? Some are saying that it's actually going to be a huge boost. There are a few reasons for this. First, the tech industry doesn't rely on oil/gas nearly as much as many other industries. That's not to say there isn't some reliance on it, but it's not as important. Second, as mentioned above, it could push for more telecommuting and online shopping, both of which can help tech companies. In general, technology can often be used in ways that help people avoid traveling -- and if gas prices make people not want to travel, that can clearly be a boost. Of course, thinking even farther out, high gas prices could help the tech industry by generating more interest in alternative engine technology as well.
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  1. identicon
    Ray Greenfield, 12 Apr 2008 @ 8:17am

    Gas is not best

    I will say this once and not repeated it" there is absolutely nothing wrong with the internal combustion engine that a little reverse mechanical engineering can't fix" I don't care if you drive a great big gas guzzling truck or a muscle car with six four barrel carburetors attached to the intake manifold. Theoretically speaking? "The overall principal of (RPS) remains the same." Alternative fuels don't have much of an incentive these days, for they all cost about the same. On the other hand, I have discovered though scientific investigation, that a small linear modification to the fuel injection system as well as the electronic ignition circuits would allow the engine to run on something totally alien to that alcohol-based equivalent to those fossil fuels. In layman's terms, the internal combustion engine will be around for many years to come. Once I have inquired the necessary funds, I shall embark on a new form of research using our sun as a primary source of fuel. Converting the sun's awesome solar energy into cheap replacement fuels must be job one. If I'm confusing you a bit here, it's not that I mean too, we scientists like a doctor who writes prescriptions have our own way of speaking. Just like a politician who uses fancy college level words to confuse his many constituents.

    Thank you Professor Ray

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