Do you consider low energy price unfortunate? Please, note that there are different kinds of retooling, i.e. forcible and natural. If your concerns are about energy infrastructure itself (i.e. no global warming-like arguments) then natural retooling could be considered as preferential, imo; and low energy prices will not harm then.
>Unfortunately the drop in Oil prices and the general downturn is working against retooling our energy infastructure, two examples I have seen recently (sorry no links)
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>1) Toyota is postponing the Mississippi plant that was to make the next generation plugin Prius
>2) In Pennsylvania thay announced Solar and Alternative energy rebates a few months ago, looks like thay might not happen because of trouble peddling the bonds that back them.
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>But on the plus side, Its crushing the economy of places like Veneseula, Iran, Russia
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>>The Saudis et al have just ordered the biggest cutback in oil production history. I think the poor oil producing folks are addicted to money. Enough is enough! It's time to use the money for Detroit to re-tool the plants for electric cars. Let's turn off the money tap that leads to Arabia.
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http://www.msnbc.msn.com/id/28274997/
Edward Pikman
Independent Consultant