richjoy

Peak Oil Stocks for the Future

We need to drill where the oil is...if we had drilled in ANWAR when Clinton stopped it, we would have the oil now.

Yes, oil needed to rise to make investments in alternative technologies viable...an it has!

Our Congressmen are totally nuts!...but Mr. Ellard is just as nuts on the opposite end. He sits on his lofty perch and completely ignores the economic destruction, job losses, and international chaos now accelerating to no one knows what conclusion (and long before his favorite alternative energy stocks produce a meaningful impact). It will be YEARS before wind, solar, biofuels, wave, geothermal, or others make a significant contribution to our energy needs. Oil doubling in a year is not good for either the short term or long term. The bubble must burst so we can catch our breath.