DaveBrit

Energy Stocks Are Too Cheap to Ignore - Barron's

It is nonsense to say that life shuts down at $5 diesel or heating oil. Europe lives with prices double this and lives VERY well. I rent cars there that run on biodiesel and get 50+ mpg, and we could have been there YEARS ago. We in America have been living in a wasteful fantasy world of SUVs, Hummers, 6000 sq ft McMansions etc....and now we have to come down to earth. People in the Northeast should have been converting for years to alternative fuels; they are hardly victims now. Many in Europe burn wood stoves in winter, whats wrong with that? Plenty of wood in the Northeast, last time I flew over....come on America, stop whining and get with reality. Cheap oil is OVER.