smlcap

Low Oil Prices Kill Energy Investment

I think the low cost of oil will have less and less influence on alternative and clean energy sources. Bear in mind, we have waiting a president with a functioning brain. He's not an "oil man." He understands the value of jobs, energy independence, and the environment. If he caves in to low oil prices he knows it's good by to job creation, energy independence, and the environment. Not to mention national security. He is too bullish on alternative energy to let cheap oil sabatoge his plans.
I think traders avoiding alternative energy because of cheap oil, may be fooling themselves. Just my humble opinion.