Category: New Energy Era

 After the G7 meeting held in the lovely town of Taormina, in Sicily, the most beautiful place in the world according to Sir Winston Churchill, it became clear that the worst expectations about the US climate change policy could materialize.  Leaders from Germany, Japan, France, Canada, the UK and Australia expressed their opposition to the US President

  “On energy, we will cancel the restrictions on the production of American energy, including shale, oil, natural gas and clean beautiful coal.”   Drilling restrictions in the US will be lifted to allow more oil production. At the same time, oil prices declined by 6% last week and hit a low since November, when