The latest falling oil prices to $55.96 (West Texas Intermediate), dropping from a high of $105 per barrel in June 2014, as a result of increased domestic oil production from fracking, is making the price of $150 per barrel of renewables look ridiculously expensive, not counting the wasted government subsidies in bankrupt solar power companies. The green agenda, which has become a climate change industry, is very lucrative for wealthy climate alarmists and for the United Nations.
Dick Morris said, “The oil price drop is really gutting Obama’s green agenda.” And the reasons are clear:
Pursuant to Title 17 U.S.C. 107, other copyrighted work is provided for educational purposes, research, critical comment, or debate without profit or payment. If you wish to use copyrighted material from this site for your own purposes beyond the 'fair use' exception, you must obtain permission from the copyright owner. Views are those of authors and not necessarily those of Canada Free Press. Content is Copyright 1997-2017 the individual authors. Site Copyright 1997-2017 Canada Free Press.Com Privacy Statement