Friday, November 12, 2010

This will be one of the most important energy trends of the 21st century

From Frank Holmes of U.S. Global Investors:

... This week’s chart breaks down share of global energy consumption by developed markets—the U.S., Western Europe, Japan and others represented by the Organization for Economic Co-Operation and Development (OECD)—and the rest of the world.

You can see that the OECD’s share of global energy consumption has tumbled from nearly 70% in 1965 to well below 50% last year.

Meanwhile, the lights are shining bright in...

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