MSL, clearly you don't understand why the oil companies are cutting back.
It is because of an oversupply of crude oil in the market place. It has nothing
to do with supposed "Green Energy", which has not, nor will, replace
fossil fuel at any time in the foreseeable future.
How did Solyndra work out?
Hey msl man -"Green energy is killing the economy . . . "BALONEY
We are living and seeing the transition from an oil based economy to a green
one. Those countries that don't invest now will be on the outside looking
in. We're fortunate that we have a POTUS that can see further than 3
months down the road. Oil companies will suffer the same fate as Kodak or
msl man, Taylorsville, UT: Your kidding? Right? Did you forget how the oil
companies had full control of this country? Did you forget why we are at war?
Don't you remember the previous president and his cabinet had all worked
for oil companies?A small cut back globally is not the end of world.
So many oil companies cutting back should be a lesson to the unsustainable green
energy advocates who will be losing their supply of oil will affect the
production cost of solar panels and grease for with turbine power. Green energy
is killing the economy and governemt tax revenues and jobs in Utah and
nationally. I wonder if businesses are ready for blackouts and shutdowns?
Corporations are so debt ridden the one day of shut down can put a lot of large
business out of jobs. We are seeing the beginning of the ripple effect of
ideology lies and environmental paranoia is setting the county back 200 years in
economic wealth.When production declines the government can easily
confiscate all resources to maintain its readiness standards and eventually shut
down cities and transportation and jobs.