Well, it'd be a good thing for business...not necessarily the best thing, though. It would also be a convenient way for the Chinese government to return some of those billions in USD they're holding -- can you imagine what'll happen if they were to just DUMP that on the market?! Forget gas costing $5/gallon -- it'd be $10 in no time.
I'd like to see some clear alternatives to oil dependency. One intriguing development is the Stirling engine, which actually predates the internal combustion engine, applied to solar power. Somehow, I think people are stuck on the sound and feel of a gas powered car, though.
best, whit