Drilling for Oil in Armenia

I think it is fair to say that Armenians have been jealous of the vast oil resources of its neighbors for quite some time. Perhaps envious no more!

...the agreement allows prospecting on half of Armenia's territory adjacent to Iran, Azerbaijan and Georgia, the states rich in oil and gas. "We suppose the south of Armenia has similar potential."

Then again, a lot of oil-rich countries have become lazy vis-a-vis business development. Too much reliance on any one resource will do that to a country.

Here's hoping some oil is found, if for nothing else other than bragging rights!

Source: Pan Armenian via Gibrahayer

Armenian Hummers...Powered by Natural Gas!

I don't normally report on rumors and "he says, she says" sorts of things, but this is a funny one: at least one Armenian Hummer owner has converted his car to natural gas, as it's cheaper than gasoline! Why is this funny? Well...

1) Hummers are expensive: an H2 Hummer costs around $50,000 in the United States, probably more in Armenia.
2) Hummer are inefficient: they burn a lot of fuel, because they're very heavy.
3) Most people hate them, as they are dangerous to others, both cars and pedestrians, and pollute much more.

Now, none of the above is entirely funny, but combine them, if you will: purchasing an expensive, big, heavy, and inefficient car, shipping it to Armenia, causing terror on the streets of Yerevan while displaying your wealth...and having to convert it to natural gas for it to be lighter on your wallet!

Okay, if that isn't entirely great - and to be honest, it isn't that funny after all - rumor also has it that the owners fill their cars up at night so no one sees! Ah, I love Armenia's many contradictions.

Source: ArmenianOdar