Aviation is, no surprise, uniquely vulnerable to the decline of cheap oil reserves for several reasons. One is that as transportation goes, its energy intensive. It takes a lot more BTUs to move a Cirrus at 200 knots than a Smart Car at 60 MPH. Second, and relating to a critical megatrend Huber and Mills describe, world economies are tilting rapidly toward the purest form of energy-electricity. Just look around. Hybrid gasoline cars are making inroads.
