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Bookmark the future of ethanol
Big news of the week mostly obscured by all the noise. Shareholder revolts at Chevron and Exxon, Dutch court ruling against Shell means the fat lady is warming up in her dressing room for the End of the Age of Oil matinee.
There s an outside chance that the Koch nexis might manage a coup and establish a permanent petro-state but I wouldn t bet on it.
Even with what will no doubt be every effort to throw roadblocks in the way, this thing is going to happen. All the major auto manufacturers are well into electric vehicle development and renewable electricity is cheap, and going to get cheaper.