OTCPK:EDEYF - Post by User
Post by
brodanon Nov 28, 2011 12:29pm
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Post# 19271384
Interesting article on Energy consumption
Interesting article on Energy consumptionAlthough this article is from a couple of weeks ago it still holds true.
https://blogs.calgaryherald.com/2011/11/07/energy-use-puppeteered-by-wealth-creation/
Please read and educate yourself on the reasons that the price of Natural Gas, even with the current supply excess, cant stay at these low prices for ever.
"The widely held belief is that population growth is the main factor thatdrives energy consumption. Logically it makes sense: more people meansmore food, shelter and transport. That relationship is true, but what isfar more influential is how much money people have accumulating intheir wallets. More wealth amplifies a citizen’s energy use with morefood, bigger shelter and longer distance transport."
The above is just a quote. I didn't post the whole article because i would look the chart. Read and educate yourself on the ways of world economics and energy use.
Cheers
Please do your due diligence.