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Strategies & Market Trends : ahhaha's ahs

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To: ahhaha who wrote (49)9/27/2000 12:54:26 AM
From: FR1Read Replies (2) of 24758
 
I read a comment from a Arab oil minister recently. He was very negative about the high price of oil and felt this was the beginning of the end for the oil nations.

His logic was that the high oil prices will force widespread adoption of fuel cells over the next few years. He felt that 10 years from now there will be plenty of oil but it will be in the ground begging for customers.

He does seem to be right about the interest in that sector - look at YTD growth of FCEL, BLDP, ENER, etc.
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