Monday, July 10, 2017

Shale gas

China has a policy to bid coal adieu.

And in its place it has this:
http://news.xinhuanet.com/english/2017-07/10/c_136432929.htm

Now somewhere, there must be shale oil. And if they find it, the price of oil will drop, hopefully to $20/- per barrel or better.

This will see the end to the wild luxury of Arab life style which was only possible because we in the West transferred over to them a vast percentage of our earned wealth to pay for their outrageously priced oil.

So, let us pray that China finds shale oil - ASAP.




No comments: