One lie that the right has sought to purport is that we are not in the middle of an oil war.
The facts:
Oilproduction in the U.S has fallen 30 percent since 1970. The oil production in the UK Northsea oilfields is going to fall severely in the coming years.Until 2030 the demand for oil will be 30 percent higher than it is today.
While the Iraqi adventure has recieved a lot of media attention, Bush and Blair have quietly moved in to take control of the West-African oilfields.
However the one surefire proof that the oil business is nervous is that Shell and BP is currently investing heavily in sustainable energy solutions.
The facts:
Oilproduction in the U.S has fallen 30 percent since 1970. The oil production in the UK Northsea oilfields is going to fall severely in the coming years.Until 2030 the demand for oil will be 30 percent higher than it is today.
While the Iraqi adventure has recieved a lot of media attention, Bush and Blair have quietly moved in to take control of the West-African oilfields.
However the one surefire proof that the oil business is nervous is that Shell and BP is currently investing heavily in sustainable energy solutions.
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