http://www.greensolarcafe.com Green building technologies, solar PV systems and Electric / Hybrid car reviews Wed, 09 May 2012 02:16:59 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 http://www.greensolarcafe.com/big-oil-vs-renewables/120-dollar-oil/ http://www.greensolarcafe.com/big-oil-vs-renewables/120-dollar-oil/#comments Sun, 27 Apr 2008 03:33:52 +0000 Leo http://coolflatroof.com/greensolarcafe/?p=4 Bloomberg radio in NY area (1130 AM) announced today that oil is trading at $119.40 a barrel. It is all great, except for one thing – the cost of oil production for “Big Oil” companies like Exxon-Mobil, Shell and Chevron did not change much in the last few years. So all of this ridiculous rise in oil price is purely speculative, and

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