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Arab Oil Prince Fears Rising Gas Prices, GE Forecasts Dawn of Solar Power

If you haven’t been watching the news for the past few years, there’s a war going on in the world of energy. While Arab Prince Al-Waleed bin Talal, the 19th richest person in the world and one of the ones who make a huge profit from oil, said to CNN he’s worried about the prices of oil going up, Mark M. Little from GE tells Bloomberg that in 3 to 5 years we’ll be able to produce electricity from solar panels for as little as 15 cents/kW, far less than by using oil.