Went down to the canal today, noticed that the oil tankers seem to come less and less. When they do they are sitting way higher in the water than usual. I know a guy who works at the power plant and he says they have been burning mostly natural gas, witch is a change for them. They usually burn oil. My “guy on the inside” says that its only a matter of time before gas gets too expensive. I guess Venezuela knew what they were doing when they “nationalized” there natural gas supplies earlier this year. Of cource the OPEC nations saw this coming. The plant can’t burn coal, so who knows what the cape will do when they run out of natural gas.
Continue reading World Without Oil – Week 7 Canal Power Plant Shutting Down