To: MNJohnnie
That’s complicated. Investors won’t invest in higher cost energy sources until they believe oil isn’t going to come back down. And then, if we really were successful at bringing a new energy source to America and our demand for oil dropped significantly, the price of oil would also drop significantly because of reduced demand. And then suddenly those alternative energy sources are more expensive than oil again... If we stay with our alternative energy at higher prices it aids our competitors that are then able to purchase energy at lower costs than we can. All courtesy of the USA...
14 posted on
11/25/2007 3:27:11 AM PST by
DB
To: DB
You can drill anywhere, just be out of my sight!! that is the liberal logic. or at least that is what’s happening.
I am sure the left wing moonbats are telling the Royal Saudi family where to drill
16 posted on
11/25/2007 3:33:43 AM PST by
Mojohemi
To: DB
I have been to some investor meetings in the Boston area. The investors very much are focused on the Hydrogen opportunity as a 5-10 year play. They also are digging solar and biodiesels but not as much as you would expect. Probably because the funds in the Boston community have become massive, so the investors are looking for the next Google of energy and Hydrogen certainly looks like a winner in that regard.
52 posted on
11/26/2007 11:57:47 AM PST by
quant5
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