Oil drilling technology leaps, clean energy lags

Technology created an energy revolution over the past decade just not the one we expected.

By now, cars were supposed to be running on fuel made from plant waste or algae or powered by hydrogen or cheap batteries that burned nothing at all. Electricity would be generated with solar panels and wind turbines. When the sun didn't shine or the wind didn't blow, power would flow out of batteries the size of tractor-trailers.

Fossil fuels? They were going to be expensive and scarce, relics of an earlier, dirtier age.

But in the race to conquer energy technology, Old Energy is winning. Continue reading "Oil drilling technology leaps, clean energy lags"

POLL: Pain in the GAS!

Consumers blame oil companies, oil companies blame the politicians, and the politicians blame foreign countries. Yes, we’re talking about the price of gas, or crude oil if you will. If you have been trading the black gold, you may be laughing all the way to the bank right now. However, the average American isn’t laughing at all. I think it's safe to say that no one likes to feel like they are being robbed at gunpoint every time they fill their tank.

What action would you like to see taken in order to decrease the demand (price) of oil?

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As always, we would love to hear your thoughts, so be sure to share with us and all of our viewers in the comments section.

The MarketClub Team