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Oil is getting evermore difficult to extract and evermore costly. Petroleum based transportation fuels do not seem to have any real substitute in the near to medium term. "alternative" fuels of all kinds have technical and infrastructure problems that are severe. I am sitting on all my energy stocks. Investors and speculators remind me of a flock of chickens, running to and fro when they think they see a fox or possum.
Sep 05 18:11 pm
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All Comments by Jimbo »Energy Less Liked Than Financials [View article]