dickus

Is the Market for Oil Reinflating?

When oil was at $147 per barrel, everyone denied that speculation was the cause. Now that is has dropped to half that price in a couple of months how can any sane person agrue that case. The worldwide demand for oil may have declined a bit in recent weeks, but not 50%. I am as sure as the author, that the price of oil will rise again as liquidity begins to flow back into energy.

The 'Peak Oil' Myth: New Oil Is Plentiful

I hate it when people throw facts at me, it doesn't leave me much wiggle room, but I will try. The new oil finds my be fact or not. in any case they are deeper and otherwise more expensive to derive liquid petroleum. As for Global warmng, I have always been a doubter of man's contribution, but I still believe we should take reasonable steps to minimize the use of fossil fuels. Solar energy is one of the few tecnological and efficiant ways of achieving this.