The problem is not the price of oil. Oil is an amazing store of energy with potential way beyond our current usages. The problem is that oil has been undervalued for so long that this revaluation is calamitous.
If we continue to ignore public transportation then our situation will only become worse. If we continue to waste energy then we will decline as a society until we have nothing left to waste. How many countries store 50 gallons of hot water in every home 24/7? Only North America. How much energy will we save if millions of homes just replace wasteful water heaters for efficient flash heaters? The next time you fly at night observe all the parking lots that are empty and fully lit. The good news is that we have easy efficiency gains out there for the taking and they will create jobs in the process. Bill Clinton said that the efficiency gains from IT were responsible for the booming economy under his term. Maybe the next administration will be wise enough to encourage the retrofitting of America's infrastructure and prosper as well.
Analyst Buy and Sell Ratings for Stocks and Sectors [View article]
These charts do not tell us when the analysts took their positions. Too often the upgrade/downgrade see-saw is just telling us what we already know and the market has already reflected.
Analyst Buy and Sell Ratings for Stocks and Sectors [View article]
Maybe FRO is too easy for the analysts to understand. Make a lot of money and send it to the shareholders. Why is it always so scary to investors when the yield is high? Isn't that the ultimate idea?
How Bad Is the Oil Shock of 2008? [View article]
If we continue to ignore public transportation then our situation will only become worse. If we continue to waste energy then we will decline as a society until we have nothing left to waste. How many countries store 50 gallons of hot water in every home 24/7? Only North America. How much energy will we save if millions of homes just replace wasteful water heaters for efficient flash heaters? The next time you fly at night observe all the parking lots that are empty and fully lit. The good news is that we have easy efficiency gains out there for the taking and they will create jobs in the process. Bill Clinton said that the efficiency gains from IT were responsible for the booming economy under his term. Maybe the next administration will be wise enough to encourage the retrofitting of America's infrastructure and prosper as well.
Analyst Buy and Sell Ratings for Stocks and Sectors [View article]
Analyst Buy and Sell Ratings for Stocks and Sectors [View article]