sandspider

How Will Temporary Decline in Oil Prices Impact Energy Sector?

geothermal, solar, wind, electrical storage...I love them all. Problem is that you have a grid that is not capable of handling any more...It is like some of the other infrastructure items falling into decay in America..bridges and roads etc. The cost to upgrade and increase the cross country capacity is going to take time and cost ... as much as it takes to bail out the "big three" plus Citi and maybe a couple other internationals thrown in for good measure. And the cost to get enough energy out of solar and wind and storage etc to make a noticable difference will cost you more then a good reactor or a couple coal powered plants and will take just as long to build. But it is all just B.S. until you get the infrastructure repaired and enlarged to carry all this "new found electricity". And considering everyone in their present state of denial along with the administration and all the powers that be with all of their access to funds whether real or not...you can count on natural gas, oil and gas are here for a long long while and the prices will rise again..