Is the time of cheap energy coming to an end, according to
Mark J. Morabito of the Cross hair Energy Corporation he seems to thinks so. According to his article there is the beginning of a trend in abandoning energy project in the united states. The article states that BP one of the nations Big contributes of energy will be shutting down 68 out of 600 of its coal facility s, due to negative Economic Effects. And along with this BP will be pulling out of its 40 year venture of solar energy as well. The reason why is that due to the economic perspectives and out comes of the future, have caused investors to pull the plug on funding for these such items. And what this means four our future, is we will have to start, finding alternative sources of fuels Faster than we currently are, or will end up paying more for our energy that is imported from different parts of the world.
I my self am very concerned wit this, because at the moment we are the verge of not even being able to pay for this so called ''Cheap Energy''. And what this is going to do to the other part of the world, the article stated that Natural gas will take on the load for a while but at the moment, we export a good number of Natural gas to other nations, and what do you think might happen if we were to slow or stop or even raise the exportation of this natural gas to other nation? The closing of coal plants and solar facility's is a big, big problem for the US, The solution shouldn't be pulling the plugs it should be Plugging More in to it. So only time will tell whether or the US will have to pay to play.
http://www.energypulse.net/centers/article/article_display.cfm?a_id=2508
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