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3/30/11

The Oil Joke
Maybe you've read that China has been spending our money to buy thousands of acres of American oil shale land in Colorado and the Southwest. Korea, too, is investing in our oil shale land, to the tune (so far) of some 96,000 acres in Texas.
I'm chuckling. With the dam finally breached on Cold Fusion (thanks, Italy), it isn't going to be long before oil is down to a buck a barrel and our oil shale land more useful for growing crops or forests, while those Arabs move back into tents and ride camels instead of Mercedes.