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RE: Saudis Threaten To Ditch Petrodollar As "Nuclear Option" To Block NOPEC Bill

in #economy6 years ago

this is some scary stuff but it reminds us about how much power is tied to oil. time to change our reliance to clean energy and cut our chains

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@threejay - Unfortunately, there is no easy, fast transition to any energy source that can take the place of oil and the liquid fuels and other products derived from oil.

The days of cheap, abundant oil are over.