Shale gas is booming in the US and Canada and according to some sources is bound to become to most important source of primary energy. There are however some real concerns, concerning both its ecological and economical viability. Behind the overly optimistic assumptions, some insiders reveal worrying figures about rapidly falling production in many wells…
Tag Archive: Oil
US-Deficit – Big Tax Breaks for Big Oil
Two figures are relentlessly increasing in the US: The budget deficit, which will reach staggering 1500 billion dollars in 2011and the benefits of oil companies, helped by federal tax-breaks of some 20 billions per year. On the one hand the oil industry causes huge environmental and societal risks (who still remembers and cares about the…
Saving Gas – How to do with Ease
Everybody would like to reduce the fuel-price-tag but not everybody can afford to buy a new small fuel-efficient car. Therefore, efficient-drive courses are booming. Participants first drive a few kilometers as they always do. Then, after explaining some basic rules of how to get further with a given amount of fuel, they drive the same…
Military Expenditure – Increasing Faster Than Security
In a time of economic crisis and tight budgets one might think that military expenditure – at least in countries without real threat – would decrease. It sounds logical and it’s very wrong. In the year of the worst recession since 1930, the states increased their “security” expenditures by 5.9% to impressive 1531 billion US-dollars….
