According to a report here in Washington, survey done basing oil and gas company executives, many are seeing the future cars running on renewable energy.Renewable energy sources include air, water, solar energy and wood. Their collection cost is more than the fossil fuel, which has an indirect cost. Also, the fossil fuel has an issue of global warming.

A recent survey has been conducted in America which included 100 chief financial officers. Out of these, 9 out of 10 speculated that renewable energy will hold a large number of shares in the coming 5 years.  1 to 5 of them thought that renewable energy shares will be more than double.

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Because of the stricken US economy and the falling dollar, Mexicans are sending less money to their homes.

According to Mexico’s central bank, the sharpest fall was recorded in remittances during July that was 6.9% down compared to the same period last year.

Besides oil revenues, remittances are counted Mexico’s second largest legal source of foreign income. …read the rest of this entry»