AndyMan

How to Invest in Peak Oil

Oil and NG are going to be pretty difficult to replace....it will take some time.

With all the technological advancement.......over all these years...we still haven't been able to use other forms of transportation or heating.

Wind has been around for many years......and Solar may never become the low cost solution people think it might be (atleast not in my lifetime).

Huge investments would be needed to make these intermittant sources even workable......as in trillions of dollars just in electrical grid upgrades...and power lines to the renewable sources........then trillions for the renewable sources....maybe even more. We don't even know the evironmental effects of putting wind turbines everywhere....and remember...we already put these turbines in a lot of the best areas.....much like oil and NG production....more and more wind turbines or solar installed will go into less and less returning areas with time.

I am sticking with the oil and NG investments........and only have a small exposure to alternative energy.....as many years have passed when the two have coexisted with not much headway....low prices or not.