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  • More Dow Component Stocks Lost Ground over Past 10 Years than Posted Gains [View article]
    The status of CVX and XOM are not just determined by an "ill fated love affair with SUVs". The world economy is still dependent on petroleum to move people and goods, make synthetic fibers, chemicals, pharmaceuticals, etc., etc. We certainly do need to plan for the practical end of the age of oil but I don't see solar films getting the job done. A massive solar electric plant in the California desert is now being challenged by the "watermelons"(green on the outside and red on the inside) in court and at least one U.S. California Senator is helping them. In the 18th. century we depended on human and animal energy and sailboats. Going back to those halcyon days does not look like a winner.
    Oct 01 11:05 am |Rating: 0 0 |Link to Comment
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