B.O. Funds Energy with B.S.

Written by Gary North on April 13, 2012

The Obama Administration has come up with a great idea. It will have the Department of Agriculture give $5 million to construct a biogas anaerobic digester. What, pray tell, is that? It’s a way to convert bovine droppings into heat. To heat what? An ethanol plant. This will create 15 new jobs. Think of it. […]

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Asia Is Now Draining the West’s Oil Fields

Written by Gary North on January 31, 2012

The Establishment media insist that peak oil theory is a myth. This is why the following chart is not mentioned in the Establishment media. It tracks oil production. It is flat. This is global annual crude oil production in millions of barrels per day. Here is the problem the West faces. We know that Asia […]

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