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Non-Tech : Alternative energy
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From: Doren1/14/2018 5:04:17 PM
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Key Charts Highlighting Trends In Automobile Sales & Gasoline Consumption

I'm doing OK on an energy ETF I own. I don't really expect to sell it, or worry about it going down. Its there as a hedge in part because I use petroleum based products in my business.

WTI Crude Oil (Nymex) 64.30 as of Friday. I bought in when oil was in the 20s. $60/barrel was a huge ceiling, which is well breached.

What I do think will happen, inevitably, is a major disruption to supplies, and a huge spike in oil prices. Something like Iran and Saudi Arabia going to war.

That's when I'd sell and re-invest in Alt Energy, which is also inevitable.
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