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Politics : Politics of Energy
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To: Eric who wrote (73979)1/4/2017 11:21:39 AM
From: Brumar89  Read Replies (1) of 86355
 
Companies like that don't get their wishes confused with what they think will actually happen. At one time the large oil companies believed we were entering a period where oil and gas would be scarcer and scarcer. They responded by buying up a majority of the nation's coal reserves (thinking coal gasification and liquifaction would be a way forward) and spent vast sums on solar power. Only when events changed their mind did they pull the plug on those things.
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