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Strategies & Market Trends : Value Investing

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To: Brinks who wrote (18365)1/9/2004 4:59:52 PM
From: Grommit  Read Replies (4) of 78483
 
OT perhaps -- Nat gas and Energy.

Good Link, Brinks. What do we do about it?

I just finished a book called "The Party's Over".
museletter.com
and there's a real problem looming here. Energy proces are going to climb starting real soon. The 20 year outlook is catastrophic.

peakoil.net

Most serious scientists worry that the world will peak in oil supply. But most assume that this day of reckoning is still years away. Many also assume that non-conventional oil will carry us through several additional decades. They were right to ring the alarm bell. But they too might also be too optimistic...But the event will occur, and my analysis is leaning me more by the month, the worry that peaking is at hand; not years away.

Q. Given your message now and given that you've had a half hour in the Oval Office with president Bush, why is there such a disconnect between the apparent policy of the administration and the harsh reality of the message you just gave this audience?
A. I think that there are people within the Bush Administration including the President and Vice President... I think it was unbelievably discouraging to see what occurred after the Bush Energy Plan was introduced .... And then after 9/11, the administration got totally distracted in dealing with all the events that they've been dealing with since then. I will tell you that there is a growing genuine concern in Washington about what is happening with natural gas today.

americanassembler.com
hubbertpeak.com

go to google and enter
peak oil
peak oil production

......................

I started hedging my bets. I've reinvested some of my portfolio to investments which will do better (?)in some of the above predictions come true. Bought some BTU recently, for one. Looking at some more... Any ideas?

PS I wouldn't touch an auto company now.

grommit
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