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/
Showing posts with label US dependence on Middle-Eastern oil. Show all posts
Showing posts with label US dependence on Middle-Eastern oil. Show all posts
Monday, December 28, 2015
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