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Energy Firms Should Look to U.S. Shale - Barron's

The debate over oil shale is short sighted. Fossil fuels are a short-term solution to a long-term problem. The demand for energy will escalate as China, India, and other emerging nations improve their way of life. And, as noted, fossil fuels are a very finite source of energy.

Hydrogen is the answer. Since the entire universe consists of hydrogen, there is little chance, or none, that we will ever run out of it. Therefore, we must put on a full-court press to develop and implement it as our primary source of energy. Additionally, there is no way that business and government can create a believable shortage of it with the result of price gouging.

If you think of it, with abundant energy at very low prices, government and business take a back seat to the will of the people as their main control over our destiny is removed.

Sep 01 09:10 am |Rating: 0 0 |Link to Comment |View article

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Energy Firms Should Look to U.S. Shale - Barron's

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