PAULWOT

Peak Oil Stocks for the Future

Being "independant" from foreign oil means nothing in a free market. The market and demand will determine the price, so even if we were independant, the oil we have would be sold to china or someone else that has the higher dollar for it and our gas would still be high. One thing I was suprised that hasn't come up. The number one consumer of fuel in the USA is OUR MILITARY! Come November, when the democratic party is in the white house, and 150,000 (now unemployed) troups come home, you can expect that oil demand will ease off. You can also expect unemployment to rise, and inflation to take over. I think NOW is the time for investors to look closely at building CNG (compressed natural gas) stations. I recently was looking into a new Honda that runs off of CNG and It has its good points and its bad points, but in the long run I find that it will create a significant competition to oil industries and more car manufaturers will "feel" the demand for this type of vehicle if the CNG stations are already in place. By the way, they also have a way for you to fill your tank in your garage, from the existing natural gas line in your house. That part of this type of infrastructer is already there.