French Turn Their Backs on a Century of Oil


I doubt anyone wants drill rigs added to this view

❝ France’s ban on oil drilling could keep 5 billion barrels in the ground. For a country that already imports 99 percent of its oil, France’s decision to end all new oil development and phase out existing projects by 2040 may not seem all that meaningful. The Guardian called it a “largely symbolic gesture.”

But actually, as geoscientist Erik Klemetti noted, France is committing to keeping a massive oil reservoir in the ground. The Paris Basin, a region in northern France, may contain nearly as much underground petroleum as the huge Bakken Formation in North Dakota. Extracting that oil and gas would require extensive fracking.

Klemetti calculates that France could extract 100 years worth of oil for the country by fully exploring the Paris Basin

❝ Instead, France decided to say au revoir to oil and gas altogether.

More power to you. Sun power, wind power, tidal power…and continued good sense guiding the provision of power to your nation.

Gaddafi dead of wounds suffered during capture


 
Former Libyan leader Muammar Gaddafi died of wounds suffered on Thursday as fighters battling to complete an eight-month-old uprising against his rule overran his hometown Sirte, Libya’s interim rulers said.

His killing, which came swiftly after his capture near Sirte, is the most dramatic single development in the Arab Spring revolts that have unseated rulers in Egypt and Tunisia and threatened the grip on power of the leaders of Syria and Yemen.

“He (Gaddafi) was also hit in his head,” National Transitional Council official Abdel Majid Mlegta told Reuters. “There was a lot of firing against his group and he died.”

Mlegta told Reuters earlier that Gaddafi, who was in his late 60s, was captured and wounded in both legs at dawn on Thursday as he tried to flee in a convoy which NATO warplanes attacked. He said he had been taken away by an ambulance…

His capture followed within minutes of the fall of Sirte, a development that extinguished the last significant resistance by forces loyal to the deposed leader.

The capture of Sirte and the death of Gaddafi means Libya’s ruling NTC should now begin the task of forging a new democratic system which it had said it would get under way after the city, built as a showpiece for Gaddafi’s rule, had fallen.

Overdue.

CONFIRMED.