Natural Gas Stocks: The Ultimate Form of Stored Solar Energy [View article]
Very good article Mr. Shaefer, and I think a good choice of companies.
I think you are right on about the thought of the relatively low energy intensity of the sun being effectively concentrated over millions of years to the coal, oil, and NG high-energy-intensity 'batteries' the Great Provider set aside for our use. The only other thing readily available with more energy density is Uranium which should also be fully exploited.
At least one other thing Hubbert didn't imagine was a company like BP finding a large oil deposit 7 miles deep in the Gulf of Mexico.
I very strongly believe we should always use our lowest cost energy alternatives. No wise person pays more than necessary for whatever he wants to buy that meets his requirements. The same should be true for energy. We should use our lowest cost resources until some other alternative becomes cheaper. Having our politicians interfere with this process in the form of subsidies, mandates, questionable environmental restrictions, etc., is costly and wasteful - it is that simple.
Natural Gas Stocks: The Ultimate Form of Stored Solar Energy [View article]
and I think a good choice of companies.
I think you are right on about the thought of the relatively low energy intensity of the sun being effectively concentrated over millions of years to the coal, oil, and NG high-energy-intensity 'batteries' the Great Provider set aside for our use. The only other thing readily available with more energy density is Uranium which should also be fully exploited.
At least one other thing Hubbert didn't imagine was a company like BP finding a large oil deposit 7 miles deep in the Gulf of Mexico.
I very strongly believe we should always use our lowest cost energy alternatives. No wise person pays more than necessary for whatever he wants to buy that meets his requirements. The same should be true for energy. We should use our lowest cost resources until some other alternative becomes cheaper. Having our politicians interfere with this process in the form of subsidies, mandates, questionable environmental restrictions, etc., is costly and wasteful - it is that simple.