Posts
If We Are the King of Oil, Our Reign Will Be Short
Loren Steffy, Fuel Fix
I want my Hummer back.That might be the reaction to a report Monday from the International Energy Agency that predicts in eight years the U.S. will surpass Saudi Arabia as the world's largest oil producer.The prediction is a stunning testament to energy companies' success in extracting oil that was previously unrecoverable, but it's the one bright spot in a report that otherwise requires highly selective reading to be called good news.http://fuelfix.com/blog/2012/11/14/steffy-our-reign-as-oil-king-likely-to-be-very-short/
I want my Hummer back.That might be the reaction to a report Monday from the International Energy Agency that predicts in eight years the U.S. will surpass Saudi Arabia as the world's largest oil producer.The prediction is a stunning testament to energy companies' success in extracting oil that was previously unrecoverable, but it's the one bright spot in a report that otherwise requires highly selective reading to be called good news.http://fuelfix.com/blog/2012/11/14/steffy-our-reign-as-oil-king-likely-to-be-very-short/
No comments:
Post a Comment