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Non-Tech : Alternative energy
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To: Big Bucks who wrote (2652)1/31/2006 1:12:37 PM
From: Rock_nj  Read Replies (1) of 16955
 
Can't think of any off the top of my head. I do think ethanol and coal-to-gasoline companies will do very well in coming years. Mainly because, barring a major economic slowdown, I just can not see petroleum supplies keeping up with ever growing demand for petroleum.

I don't listen to all the energy pundits and their numerous predictions. There were plenty of predictions early last year that oil would soon return to the mid $30s trading range (way off base for sure). What I keep an eye on is the price of oil, that is the only thing that really tells you how plentiful it is. As long as it keeps rising, I will assume oil is getting very close to the point where demand is outstripping supply.

In this environment, ethanol and coal-to-gasoline and any other alternative energy company will grow and prosper.
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