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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (57487)	12/22/2004 7:05:26 PM
From: Raymond Duray	Read Replies (1) \| Respond to of 74559

Re: Bingo, a vast new industrial complex supporting a billion people. Easy eh? Hard, Mq. There's excellent discussion about infrastructure development costs in these excellent and well-researched books: tinyurl.com tinyurl.com tinyurl.com In a nutshell, the world today is not investing heavily enough in the basic alternative energy infrastructure it will need when the cost of a barrel of oil rises to the new levels that are easily anticipated by understanding the depletion curves that constitute the global Hubbert's Peak analysis. After the depletion of all the "low hanging fruit" in the conventional crude oil sector, we will, in essence, be too broke to afford to go on to other energy sources.