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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Elroy Jetson who wrote (187602)1/2/2015 1:48:30 AM
From: Sailing2  Read Replies (1) of 206085
 
It would be interesting to hear your "lots of reasons why oil could lose share in the energy markets" given that oil is almost exclusively employed in the transportation sector. It is difficult for me to see any significant near-term substitution for oil in the vehicle, aircraft, rail or marine transport sectors except possibly natural gas for fleet vehicles and perhaps some rail. It will be at least two decades, in my opinion, before market penetration of electric or fuel cell vehicles becomes significant. What exactly are your "lots of reasons?"
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