Andy Hoefner

Total Rating:
0 / 0

2 Comments

    • Tue Jan 1st 18:24 PM | Rating: 0 0
      Commented on:
      Fundamentals Suggest Oil's Headed Much Higher
      Curt and ZB; I coulda told ya that the long term solution to a lot of these problems is the rebirth of smart public transportation.

      For example, did you know the Americans that use the least resources per capita are New Yorkers? What im trying to say is this, when oil hits 150 bucks a barrell, the majority of the eastern seaboard states will be fine since you can get almost anywhere without using a car and fairly cheaply, however California will face an economic nightmare.

      A lot of States, especially should be giving more thought to a halfway viable public transportation network (and I don't mean just buses).
      View article »
    • Sun Dec 30th 18:44 PM | Rating: 0 0
      Commented on:
      Fundamentals Suggest Oil's Headed Much Higher
      I think although it *may* be very beneficial for change happening faster for prices to skyrocket like predicted in this article, there isn't a chance it will happen this drastically. We are assuming that oil sands, and heavy oil or the Jack in the Gulf of Mexico aren't viable options to sustainably prolounge (not enhance, but prolongue) our oil output to where I think a price floor of $150 esq is realistic in from 2010 onwards is probably a lot better of a bet than $275.

      Things like this arent a huge deal yet, but when oil gets real high in prices, it WILL have a severe impact.

      www.seekingalpha.com/a...

      Secondly, I think we are going to see a drastic reduction in US oil demand in the next couple of years. Truth be told, we all know too well that we are infatuated with WASTING energy, driving trucks and having disastrous public transport, while not really paying attention to energy saving. There is already a trend in this direction, and given how badly sales of low MPG cars are going (thats just one symptom) I think it will continue to vastly improve.

      Solar energy: Yes it isn't the solution, its overpriced, nobody knows how available tellerium really is, HOWEVER, it is growing at an exponential rate worldwide, and despite all its weaknesses, - unless we come up with that palladium cold-fusion-miracle (if you follow SWC or PAL you'll probably know what Im talking about) - it will be a big and helpful part of bridging what otherwise will be one hell of a painful peak oil gap.
      View article »
Loading...
Symbols:
Authors:
Quick Links:
Contribute an Article Become a Seeking Alpha Contributor

Transcripts

More Transcripts»