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by johnny99 2714 days ago
The solar resources in Kuwait are exceptional--this may be more about pragmatic cost optimization than anything else. With the falling cost of solar, if they can save the oil that would otherwise be used for operations and then sell it, I imagine they come out ahead.

The irony is that the same forces creating this profit opportunity for them will eventually lead their customers to seek new energy sources as well, and shrink their market.

1 comments

Right. Their margins on oil are far better than most anyone down the supply chain. If people couldn't get enough of my banana art, I'd stop eating them as a snack and go for an apple instead.

Full disclosure, I don't like bananas, and no one is buying my banana art.