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Tuesday, December 24, 2024

We still worship black gold

Sales of oil globally are within a whisper of pre-Covid levels and – at $60 a barrel [WTI Crude was US$72.57 per barrel on May 18] – are set to pass these levels well before the year ends.

So much for world forums on reducing the use of fossil fuels and climate change with it.

And for devotees of wind turbines, they use black gold, lots of it, approximately 2 gallons of oil per megawatt hour.

Gary Hollis
Mellons Bay

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