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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Maurice Winn who wrote (57128)12/12/2004 1:21:24 AM
From: Raymond Duray  Read Replies (2) of 74559
 
Mq,

Re: Oil is a has-been.

While oil may be baked vegetation created by ancient sunlight, burial and pressurization, in no other sense is it a "has-been".

Not while 40% of the world's energy needs are fueled by cheap crude oil and expensive solar power contributes something around 0.05% or less.
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