Genie Energy
IDT spun off Genie Energy to its shareholders on October 31, 2011. It is a holding company comprising IDT Energy, a retail energy provider, and Genie Oil & Gas, which controls the company's ventures in oil shale research and development in Colorado and Israel.
Read more about this topic: IDT Corporation
Famous quotes containing the word energy:
“While the State becomes inflated and hypertrophied in order to obtain a firm enough grip upon individuals, but without succeeding, the latter, without mutual relationships, tumble over one another like so many liquid molecules, encountering no central energy to retain, fix and organize them.”
—Emile Durkheim (1858–1917)