Oil
Oil or petroleum in this case has quickly risen to one of the most hated sources of energy right up there along with coal.
This product has been in use for thousands of years, since it is a naturally occurring product.
The environmental effects of using this product are clearly evident as they release carbon into the atmosphere.
But, don’t expect to give it up anytime soon. Most if not all governments reap wind-fall profits from the drilling, production, distribution of oil, gas, and diesel.
It can and will be used as political tools since approximately 70% of it is used for transportation.
While politicians will actively support green energy initiatives they will also not bite the hand that feeds them.
It will be tough to break their addiction and the power they wield with the control of this energy source!
Learn More From The Posts & News Below...
Oil AT 143 Who's to Blame Congress - Senate?
Submitted by Glenn on Mon, 06/30/2008 - 14:12
Do you get the feeling that politicians have their head stuck in the sand? I sure do! It does not matter which party it is they simply cannot work together to address any issue facing them Read more
There Is No Gas Shortage - Lies and Deception?
Submitted by Glenn on Sat, 04/05/2008 - 09:44
There Is No Gas Shortage: "Now this is a very interesting story about how things can be twisted to support an agenda." Read more
Wow Oil At $110 A Barrel!
Submitted by Glenn on Wed, 03/12/2008 - 15:10
Never before has making to move to Solar Power become more obvious then now. We are all looking for answers to the high energy prices we all face, not just here in the U.S. but globally as well. Read more
Latest On The Oil Industry News
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World oil prices fell Friday as traders awaited news of an expected economic slowdown in top energy consumer the United States.
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Oil prices fell below $78 a barrel Friday as investors worried about the state of the U.S. economic recovery ahead key growth data due later in the day.
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Oil prices fell to near $78 a barrel Friday in Asia as the region's stock markets dropped on dour economic figures from Japan ahead of a key U.S. growth report.
