techy

The Impact of High-Priced Oil on Solar Manufacturers

It will take 4-5 year for peak oil effect to show up in the cost of energy.

before that there will be a global economy slowdown, which means reduction in oil consumption which means oil price will go down.

and you can add to that fact that most solar stocks are very expensive and they use material which is not abundant at current costs.

i see the probability of them going down 50% by end of next year. rather than they going more up.