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  • How Will Temporary Decline in Oil Prices Impact Energy Sector? [View article]
    Alternative energy technologies are not cost effective at $70 - $80. For the you need prices above $100.
    The problem with companies such as ABAT, ALTI, AXPW.OB, BCON, CBAK, ENS, HEV, HPJ, XIDE, and ZBB is that they need financing to survive the collapse in sales. Unfortunately, banks are in no mood to supply credits to help these companies.
    Thus, if the price of oil is not skyrocketing soon, most of the alternative energy technology companies will be out of business by mid next year.
    Dec 07 18:34 pm |Rating: +1 0 |Link to Comment
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