Monday , October 23 2017
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Tag Archives: media hype

Headline oil finds getting smaller

New oil discovery

When an oil deposit of just a billion barrels becomes headline news, you know there’s trouble ahead.  Why?  Because it tells you that all of the large reserves have gone.  We are now drilling into the small, hard to recover deposits that require a large investment for very little return.  …

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Green Valium for the masses

Green Valium

So-called ‘green energy’ is shaping up to be a wannabee Ponzi scheme reminiscent of the US fracking bubble.  It began with crowd-funded nonsense such as the idea that putting solar panels on the road so that cars and trucks can drive over them might be a good investment.  Since then, …

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