Most of the comments admit to future shortages, but assert that high prices will bring on demand, or they seek to place blame, or they seek to promote their personal solutions.
Anybody interested in making money?
If we all agree prices are going up, the SA question is, "Where can we most profitably invest", not who is to blame or how the world will evolve.
IMHO those companies with the most proven/potential OWNED reserves per cost (equity price) of ownership are the ones that will pay off the most over the short/medium term. (and if they pay rich dividends currently, so much the better). Isn't that what we are all looking for?
I can't feed my family on blame and ideas for fixes.
Book Review: Robert Hefner's 'The Grand Energy Transition' [View article]
Nice StarTrek view into the future.
Most of us will be dead before hydrogen becomes a viable, cost effective, and practical fuel. A lot of us older guys will be dead before solar has any significant impact for our energy sources. Solar works a bit locally, but the transmission loss to pump it from sunshine states to the rest of the country makes it impractical to be more than a minor component of a varied energy source. The same is true of wind, hydro, and tidal electric generators.
The environmentalist are incharge at the white house and congress, so we will dream the dream of "clean energy", subsidize unprofitable producers, and squander opportunities for practical solutions.
Those who see nat gas as the most viable transportation fuel are correct. Nuclear is the best for electric production, buy Harry Reid is killing this alternative by preventing a solution to the waste storage area problem. Electric cars are ok if they are hybrids using waste energy from the vehicle's motion, but if you consider the transmission loss on energy for true battery powered vehicles, you find that the total "cradle to grave" cost is prohibitive.
Foreign oil is among other things, a national security threat. We must get off of it as fast as we can.
Man-made global warming and CO2? Anyone who believes in this is either a fool or in on the scam.
The Triple Play: Oil Addicts, The Credit Crunch and Deflation [View article]
Where did you get this guy, the weather underground? 1) There is no oil conspiracy just a pardigm shift in the economic evolution of the world. Get over it and profit. 2) The end of the financial world is not coming, just punishment for those unfortunate enough to get caught in the bubble bust. Like tech, housing and credit will recover in time. 3) Deflation? You mean inflation. Printing money causes inflation not deflation (see Samuelson, Econ 101).
Peak Oil: A Reality or a Lie? [View article]
Most of the comments admit to future shortages, but assert that high prices will bring on demand, or they seek to place blame, or they seek to promote their personal solutions.
Anybody interested in making money?
If we all agree prices are going up, the SA question is, "Where can we most profitably invest", not who is to blame or how the world will evolve.
IMHO those companies with the most proven/potential OWNED reserves per cost (equity price) of ownership are the ones that will pay off the most over the short/medium term. (and if they pay rich dividends currently, so much the better). Isn't that what we are all looking for?
I can't feed my family on blame and ideas for fixes.
Anybody interested in making money?
Book Review: Robert Hefner's 'The Grand Energy Transition' [View article]
Most of us will be dead before hydrogen becomes a viable, cost effective, and practical fuel. A lot of us older guys will be dead before solar has any significant impact for our energy sources. Solar works a bit locally, but the transmission loss to pump it from sunshine states to the rest of the country makes it impractical to be more than a minor component of a varied energy source. The same is true of wind, hydro, and tidal electric generators.
The environmentalist are incharge at the white house and congress, so we will dream the dream of "clean energy", subsidize unprofitable producers, and squander opportunities for practical solutions.
Those who see nat gas as the most viable transportation fuel are correct. Nuclear is the best for electric production, buy Harry Reid is killing this alternative by preventing a solution to the waste storage area problem. Electric cars are ok if they are hybrids using waste energy from the vehicle's motion, but if you consider the transmission loss on energy for true battery powered vehicles, you find that the total "cradle to grave" cost is prohibitive.
Foreign oil is among other things, a national security threat. We must get off of it as fast as we can.
Man-made global warming and CO2? Anyone who believes in this is either a fool or in on the scam.
The Triple Play: Oil Addicts, The Credit Crunch and Deflation [View article]