Well said. Big Oil follows the buck, and will get into LENR early but not prematurely, when capital is most needed but after adequate proof. They will not likely push the technology forward, however … with one big exception.
Chevron was among the first in renewables, but backtracked when the profit was not as immediate as they planned. All it takes, for the floodgates of funding for LENR to open is a positive TIP report. An upcoming big date is the first week of November, and if Clean Planet delivers, we may witness a spectacle of massive cash availability from Asia and especially from China (which will push the technology). “It’s not that oil companies dislike renewables,” says Oppenheimer “It’s just not their core business, or where they have expertise. They just don’t know what to do with it.” … yet From: Terry Blanton These are not stupid people. They already realize the potential. Most, like Shell's S.T.E.P. program are investing in new energy. Why would Big Oil want to fight when they could join? They are sitting on piles of cash awaiting to invest in the next big energy thing. It's their business. And don't worry. What remains of cheap fossil energy will be harvested. After all, free energy isn't really free. There will always be a market for the oil at some price.
