Back in 2007, Google assembled a team of engineers to investigate the feasibility of replacing fossil fuels with renewable energy. The effort ended in 2011 with the conclusion that it can’t be done with existing technology.
“Oil demand is falling” according to many pundits. The only problem is that this narrative isn’t true, and that’s why oil at $50/bbl can’t last. Robert Rapier explains.
Saudi Arabia’s decision not to cut oil production, despite crashing prices, marks the beginning of an incredibly important change. Eli Hinckley explains.