Increasing efficiency of resource extraction is a fools game. Better drilling technology will only deplete the resource in question that much faster which means we will reach peak oil quicker than we would have under older technology. We're better off kicking the oil habit all together. Thats for the false sense of security Fox News!
Fox Business News is actually not that bad. It's not like Fox News. I would say its better the CNBC which almost never allows a bear on screen. Bloomberg is most definitely the most "fair and balanced" but my cable doesn't carry it. I do watch online though.
I'm not from America but from what i've seen of this fox news channel it's disgraceful. "we will peak in 25 years" what the hell is that comment? We most probably already have peaked. In 25 years there will probably be none left.
There will always be some left but what are we going to use it for? Putting in our cars and in power plants or saving it for building the alternative energy of the future and the infrastructure to carry it to our houses in.
Increasing efficiency of resource extraction is a fools game. Better drilling technology will only deplete the resource in question that much faster which means we will reach peak oil quicker than we would have under older technology. We're better off kicking the oil habit all together. Thats for the false sense of security Fox News!
belmont14 3 years ago
A good rule of thumb: Anything with "quantum" in its name that is not physics or mechanics is bullshit.
gonjamon99 3 years ago 2
George Soros's Quantum Fund (hedge fund). I wouldn't call that bullshit, but your definitely right about this guy.
MaverickCentricity 3 years ago
@gonjamon99 amen.
Unclesamslair 2 years ago
Fox Business News is actually not that bad. It's not like Fox News. I would say its better the CNBC which almost never allows a bear on screen. Bloomberg is most definitely the most "fair and balanced" but my cable doesn't carry it. I do watch online though.
MaverickCentricity 3 years ago
None of it is fair and balanced. It is all owned by cooperate banking tycoons.
jdoser 3 years ago
I'm not from America but from what i've seen of this fox news channel it's disgraceful. "we will peak in 25 years" what the hell is that comment? We most probably already have peaked. In 25 years there will probably be none left.
chrisbeer 3 years ago 4
There will always be some left but what are we going to use it for? Putting in our cars and in power plants or saving it for building the alternative energy of the future and the infrastructure to carry it to our houses in.
jdoser 3 years ago