Source – dailyreckoning.com – “…If Saudi begins accepting yuan for oil, all bets are off on the petrodollar. Yuan-for-oil will entirely change the monetary dynamics of global energy flows. I expect the U.S. dollar to weaken severely when that news breaks…Ignore away. But we could wake up one morning in the midst of a massive […]Continue reading “Dynamic Global Energy”
Tag Archives: US Department of Energy
Algae and Technology
Guest post by David Middleton From 2005 to 2012, dozens of companies managed to extract hundreds of millions in cash from VCs in hopes of ultimately extracting fuel oil from algae. CEOs, entrepreneurs and investors were making huge claims about the promise of algae-based biofuels; the U.S. Department of Energy was also making big bets […]Continue reading “Algae and Technology”
