Think for a second how powerful gasoline is. A single gallon of it will propel me, three other people, all our stuff and my 4000 lb car over a highway for 25miles! Nothing else comes close to the power and portability of gasoline. And most of the world's oil is used for transportation - not power generation. There is a reason every major integrated giant and NOC is willing to bet billions to find and develop oil reserves that are 3 MILES under water and 5 MILES deeper below the sea bed. Smart investors will be making big$ on oil for decades.
Renewable Energy: Approaching Grid Parity? [View article]