Governments spent $409Bn subsidizing fossil fuels in 2010 by admin14 March, 2012 Energy Matters0 Google Alert – PEAK-OIL Inbox x to me News 2 new results for PEAK-OIL Governments Spent $409 Billion Subsidizing Fossil Fuels In 2010Business InsiderSurging demand drives up the price of oil, and though we can debate the peak oil theory until the cows come home, the commodity is proving to be more elusive, and more expensive to produce, than ever before. This same high price of oil, however, …See all stories on this topic » Business Insider Why the Great Shale Rush in the Eagle Ford may be over sooner than you thinkSan Antonio CurrentWhile shale gas optimism has become the newest energy-policy talking point, there’s another critical narrative taking shape, one espoused largely by peak-oil proponents saying the energy revolution beneath our feet has been oversold.See all stories on this topic » Twitter Facebook Google+ Pin It LinkedIn admin