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Yes there are viable alternatives to gasoline! Perhaps the most exciting is Thorium which is clean, cheap and non-polluting.

There are even a few folks working to put Thorium into cars...

http://www.geek.com/articles/geek-cetera/8-grams-of-thorium-could-replace-gasoline-in-cars-20110812/
Aug. 12, 2011 - The price of oil is on an upward spiral due to increasing demand and diminishing supplies. Short of finding vast new untapped reserves buried somewhere
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