Grohl will also be playing with his latest project, Sound City Players, which, against all logic, brings together artists ranging from Rick Springfield and Stevie Nicks to Creedence Clearwater Revival's John Fogerty to members of Slipknot, Fear and Rage Against the Machine.

CNN: What to watch for at South by Southwest

Now it has signed off on an energy mega-project, the geo-strategic implications of which far outweigh any immediate commercial logic.

CNN: THE BIG OIL SHOCK