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The Big Energy Lie
20 hours ago ago from RedState
The Big Energy Lie goes something like this: The United States has only 2-3% of the world's oil reserves, but consumes 25% of global production. Those words have been uttered by our Dear Leader as well as his Secretaries of Energy and Interior. The idea justifies Administration policies ranging from green jobs to Cap and Trade to foreign affairs. And they are deliberately designed to mislead. Let's study the fraction that ...
Related contentIraq Poised to Transform Oil Market in Next Decade
13 hours ago ago from Commercial Diving | cDiver.net | The Commercial Diver Network
Political and security issues in war-torn Iraq have been the focus of the world's attention for more than six years. Now, the country's oil reserves are doing the talking. After a string of recent deals between the Iraqi government and foreign oil majors, experts believe that Iraqi oil will transform the global oil market over the course of the next decade. Iraq's proven reserves now stand at 115 billion barrels, third in the world ...
Related contentChina Buys Energy in Our Backyard
17 hours ago ago from Bureaucrash - Join the Resistance
It is always comforting to hear that our legislators prevent us from developing our own natural resources to protect the environment. Yet, they don't realize that China doesn't have to follow the same rules that our government sets for American citizens. Consequently, China is developing oil where Americans can't. Wonderful! Here is a great post on the Institute for Energy Research titled, China Secures Oil and Gas Resources; U.S. ...
Related contentAn optimists dillemma Not seeing an oil expletive in Uganda
3 hours ago ago from Terrell's space - Windows Live
Optimists advise that the negative resultants of oil programmes of nations like Nigeria, Chad, Sudan, Angola, Spanish guinea that are the poster shaver of the `` oil oath '' can be `` potentially '' avoided in Uganda. Their statement is that since it Holds happed elsewhere why should it hap here unless we are caught kip. Unfortunately there are few instances outside Republic of south africa ( Botswana is too oftentimes refered ) on the ...
Related contentChina Secures Oil and Gas Resources; U.S. Prefers to Wait for Green Energy
22 hours ago ago from Transfigurations
By Institute for Energy Research Monday, December 14, 2009 Around the world, China is investing in oil and gas resources to fuel its booming manufacturing industries and transportation sector to continue its sky-rocketing economic growth. China is not endowed with very much oil and gas resources of its own. Thus, it needs to partner with countries around the world to ensure availability of future supplies of oil and natural gas that it ...
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