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Sep
30

Remember that the only people who have any idea how much oil the Saudis have left…

Remember that the only people who have any idea how much oil the Saudis have left in the ground are the Saudis.

It looks like they are acting accordingly. Ask yourself why we are not.

The central government is seeking $109 billion of investment for building a solar industry, aiming to get a third of Saudi Arabia’s power from the sun by 2032 compared with almost none now.

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Saudi Arabia turns to its other natural energy source: the sun
Plans to build a huge solar installation near Mecca could be the first step in a transition away from oil.

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3 comments

  1. Bob Calder says:

    They put in reverse osmosis plants in the early 60s.

  2. risa bear says:

    A frequent explanation is that it takes oil to raise the oil presently, and with the price of the stuff rising, that eats into profits, so they want the sun to lift the oil instead. But, yeah, it happens that every exporting country gets into driving around, and then they are competing for the stuff that goes over the border. I think they're running low.

  3. osumiri racheal says:

    Life is beautiful dnt u tink so

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