California Autos Examiner

Sunday, June 01, 2008

The Coming Energy Wars | Newsweek International Edition | Newsweek.com

The Coming Energy Wars Newsweek International Edition Newsweek.com:


Personally I'm not convinced that oil will reach $200/barrel, but if that were to be the case then Newsweek has some scenarios in mind. It isn't pretty. Overall the article is an interesting read, even if it contains this erroneous sentence: "Nissan unveiled a $115 million new plant outside Tokyo designed to build lithium-ion fuel cells to power a new generation of battery cars" Lithium-Ion fuel cells? C'mon people, we can do a little better than that, can't we? Who checks these things for accuracy? Anyways, if you have a few minutes to check it out, then go for it. I still predict that current oil prices are a bubble and will trend downwards at some point.

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