Falling Interest Rates Have Postponed "Peak Oil"
Authored by Gail Tverberg via Our Finite World blog,
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Destroying The "Wind & Solar Will Save Us" Delusion
Submitted by Gail Tverberg via Our Finite World blog,
8 Lessons That We Can Learn From The Economic Meltdown In Venezuela
Submitted by Michael Snyder via The End of The American Dream blog,
"It's Time To Be Patriotic" - Venezuela To Cut Off Electricity Four Hours A Day
The complete train wreck that is Venezuela continues to find ways to one-up itself. Fresh off of the announcement that every Friday in the months of April and May would be designated as non-working holiday's in order to save electricity, the Socialist utopia is now simply cutting it off for four hours a day.
Venezuela Makes Every Friday A Public Holiday To Save Electricity
Venezuela have declared that every Friday in the months of April and May will be a public holiday, in a bid to save electricity amid a prolonged drought in the country. President Nicolas Maduro unveiled the 60-day plan on Thursday, urging large shopping malls and hotels to generate their own electricity for nine hours each day. Bloomberg.com reports: Heavy industries operating in the country will be asked to cut consumption by 20 percent, he said.