Oil majors offer good dividend returns. Examples: Shell(RDSA) is around 6%; BP at 8%. These companies are solid; cars are here to stay and energy for all purposes is not going to be replaced by alternatives in my lifetime.
Obama's threat to take away oil profits will become a non-issue with crude prices at or below $70 and gasoline below $2.50.
Investing Into the End of the Hydrocarbon Age [View article]
I found the article more like a sugarplum and fairy dream than realism. We are so far from reaching the Utopia this story reveals, even my grandchildren will not see it...maybe my great, great grandchildren will. Face it, we will depend on good old reliable hydrocarbons for 80% of our energy 30 years from now. With cooperation from the let, this could be as clean environmentally as those cables full of magnetic cancer causing charges. Just joking to present a comparison of info similar to what I just read; ridiculous!
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Shell(RDSA) is around 6%; BP at 8%. These companies are solid; cars are here to stay and energy for all purposes is not going to be replaced by alternatives in my lifetime.
Obama's threat to take away oil profits will become a non-issue with crude prices at or below $70 and gasoline below $2.50.
Investing Into the End of the Hydrocarbon Age [View article]