dickus

Exxon Mobil: Bull or Bear?

Oil and gas seem to be an addiction affecting 100 percent of the world population. Certainly there will be cycles of demand as economies fluctuate and people and governments try to find alternative ways to feed their thirst for heat, transportation and manufacured products. Its hard to imagine that Exxon won't continue to be a standout in this industry and continue to grow and make a lot of money for its investors for quite a few years to come. In some respects oil is like tobacco in the 1950's and 60's. Some day will oil will certainly come to the end of its heyday, but hopefully Exxon will be in the forefront of the alternative. In the meantime we can enjoy the fruits, and I for one will hold Exxon as a key part of my portfolio for a few more years.

The 'Peak Oil' Myth: New Oil Is Plentiful

I hate it when people throw facts at me, it doesn't leave me much wiggle room, but I will try. The new oil finds my be fact or not. in any case they are deeper and otherwise more expensive to derive liquid petroleum. As for Global warmng, I have always been a doubter of man's contribution, but I still believe we should take reasonable steps to minimize the use of fossil fuels. Solar energy is one of the few tecnological and efficiant ways of achieving this.