Monday, December 28, 2015

OIL EXPORTS

Despite the U.S. decision to end its oil-export ban, the country remains more dependent on foreign oil than when the exports were banned 40 years ago, which raises the issue of peak oil, Forbes writes.*

There go our chances of becoming independent of Mid-East oil.  Looks like war until "hell freezes over."  Also looks like we can kiss lowering carbon dioxide levels goodbye.

* http://www.forbes.com/sites/michaelkrancer/2015/12/22/the-end-of-the-crude-oil-export-ban-offers-promise-and-peril/

No comments:

Post a Comment