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Strategies & Market Trends : Heinz Blasnik- Views You Can Use
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To: jrhana who wrote (2638)6/25/2003 1:02:48 PM
From: Little Joe  Read Replies (2) of 4905
 
I am not so sure. One of the little discussed facts is that there are huge reserves of oil in Russia, which have not yet been brought to market. I do not think a premium will be paid for alternative fuel until most of the relatively cheap fossil fuel is gone and I believe that there is more than most think available.

Also, it is my view that we are a long way from a true energy crisis. There will be peaks and valleys, but I don't think we will see much more than temporary shortages.

Little joe
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