Fuel: Facts and Fiction

About five years ago John Stossel tackled myths related to fossil fuels such as top oil producing countries, fossil fuel company profits, ethanol, scarcity (i.e. ‘peak oil’), the Keystone Pipeline, and fuel speculation. A much needed debunking of environmentalist claims about fossil fuels along with refuting their assertions about so-called clean energy alternatives.

Chinese billionaire seeks to build electric cars

In the tradition of Tesla Motors CEO Elon Musk, Chinese IT billionaire Jia Yeuting has announced he is developing an electric car that he would like to manufacture in China. According to Bloomberg News, China has been seeking to encourage the production of electric cars for sometime, and Mr. Jia’s venturing into this field is…