Aye. If it were only that easy. Xom to Dell, Slb to intc, You-name-it Oil/oil service to you-name-it technology. What's missing here are two main points: 1. Once used, hydrocarbons are gone forever. 2. Regardless of whatever oil/gas well one speaks of, it's productive capacity diminishes every day. No other commodity can make this claim that can be either renewed, and/ or recycled.
Savior: Technology good enough to replace oil. Not here yet.
Your Oil Stocks Aren't Coming Back [View article]
Savior: Technology good enough to replace oil. Not here yet.
20 Guidelines for the Individual Investor [View article]