Outgoing Finance and Oil Minister Ali Tarhouni on the necessity of growing the non-oil Libyan economy: “This country has been using a nonrenewable resource, and it does not matter how much reserve we have, we will run out of that, sooner or later,” he said of the dependence on oil. “This is the time to […]
I renew my call for someone, anyone in the MSM to ask Bachmann about abiotic oil. In the nutty, dinosaur-disbelieving world of Michele Bachmann, you can cut the price of a gallon of gas to $2 through sheer faith: “Under President Bachmann you will see gasoline come down below $2 a gallon again,” Bachmann told […]
Via ThinkProgress, Saudi Prince Alwaleed bin Talal on Fareed Zakaria this weekend admitting the kingdom’s policy keeps the price of cocaine oil artificially LOW so America remains addicted to crack gasoline. Remember, the Saudi monarchy knows its coca fields oilfields are already past the peak of production.
The world’s governments have agreed it is possible to meet 80% of energy needs with renewables by 2050: The report by the U.N.’s Intergovernmental Panel on Climate Change (IPCC) also said that a shift to cleaner energies would help cut greenhouse gas emissions, which it blamed for climate change including floods, droughts, heat waves and […]