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Originally posted by GargIndia
Originally posted by Viesczy
That Prince is full of $h!t and just looking to run his yap and get his country all riled up.
Fracking isn't a threat to Big Oil. Fracking's only threat is to the communities near the fracking sites.
The world at large will still run on oil based fuels with only a handful going over to LNG.
The world will still need oil to create polymers too, he's just running his yap and hoping to keep the attention of his country away from the reason for strife/turmoil within the country--the 'royal' family.
Fracking is very bad for the groundwater resources. It will cause long term damage.
There is no option but to reduce oil use drastically.
I propose the world should set itself a target of reducing oil consumption by 3% per year. It is doable.