In the 19th century the electric power was delivered by simple wires and  It worked.   Just imagine what we'd have now if the industrial revolution was not monopolized by the oil industry for the entire century.  Imagine the battery technology we'd have today.  Also, once you establish an electric economy, that electricity can be generated in localized areas in any manner you want... coal, tidal, solar, wind, water, geothermal, fusion...etc.
Of course all this is now irrelevant, since everyone is scared to death of the oil monopoly.  Even GOD would not dare threaten them, because they have more power than GOD.

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