The economy of Middle East is practically synonymous with crude oil for the average Western observer, but what most people aren’t aware of is the Middle East hasn’t been doing so well out of its crude oil reserves in recent years. So much so, that it may be the first time in history that we can justifiably declare an imminent state of Peak Oil in these regions. It is an understandably bold statement, and one that will come as a surprise to many… especially those who have been blindsided by the more general, global statistics. Besides a slight dip over … Continue reading →
It is projected that in the near future, solar power might actually overtake other sources of electricity generation. Notably, a lot of concerns has been raised concerning the defects that are brought about by fossil fuels. These encroaching dangers that negatively work against other fossil fuels have led to the rejuvenation of the solar energy industry. The solar industry is now working on their policies to come up with a more realistic and achievable form that will see the industry emerge the best energy provider in the whole world. All this is achievable when the environment and the investors are … Continue reading →
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