While conventional science has believed since the mid 1700′s that oil is the byproduct of dead dinosaurs, ferns and trees being processed underground for millions of years and is therefore being depleted on a daily basis, a contradictory theory by Dr. Thomas Gold, the founder, and for over 20 years, the director of the...
The Oil Crisis
The latest updates along with thought provoking opinion on the world oil crisis.
Prediction: Oil Under $20 a Barrel by 2020
You read it here first! Not only will oil be under $20 a barrel, the momentum in the war on terror, if we haven’t won by then, will have shifted heavily in favor of the “Good Guys” primarily because Muslim extremists will be starved for funds and no longer able to prosecute the war...
Plug-in Vehicles – The Competition Begins
Not to be outdone by General Motors’ (NYSE: GM) announcement in early June that they will begin production of their new plug-in car, the 150 mpg Chevy Volt with an anticipated production run of 10,000 vehicles for the 2010 model year, Toyota (NYSE: TM) and Honda (NYSE: HMC) have jumped into the race with...
Change is in the air
The first signs are emerging that Americans are finally ready to do something about their addiction to oil coupled with their staunch refusal to allow expansion of production. Believe it or not, America reached its peak oil production in 1970/71 at about 3.5 billion bbl’s per year. Aside from a minor rebound in the...