Does anyone give a shit about the numbers? At below $50 per barrel, Saudi Arabia burns roughly $20 billion per quarter. Let your ‘industry experts’ tell you “it only costs them $6 per barrel to get the oil to market,” and that may be true, but it is irrelevant. Basically, all of the Government revenues […]Read More It is a mathematical fact that Saudi Arabia will be completely broke in fewer than seven years.
It will take 21.4 million electric vehicles to reduce oil consumption by 1 million barrels a day. The math is straightforward and simple. According to Auto News Magazine the average U.S. car gets 25.5 mpg. and according to the U.S. Department of Transportation that average car is driven 13,476 miles per year. That mileage […]Read More Electric Vehicles are a long long way from mattering.
This is the excerpt for your very first post.Read More First blog post – My commitment to any reader.