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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: shades who wrote (51637)	1/26/2006 8:08:24 PM
From: Elroy Jetson	Read Replies (1) of 110194

Levine from Lawrence Berkeley Labs is correct in part. Additional investment in new energy sources is needed, but investments of the size needed won't be made until oil companies and other investors are sure oil prices won't collapse again, as they did in 1983, making the new investments into pure loss. I have to laugh about Levine's suggestion that we need to move away from liquid fuels - its a silly comment. Liquid fuel is a very convenient and ideal energy form. Liquid can contain virtually the same energy content as a solid, far more than a compressed gas, and is easy to transport and dispense. .

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