SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Gib Bogle who wrote (60151)2/7/2005 4:01:16 PM
From: Maurice Winn  Respond to of 74559
 
Gib, I don't believe the price of oil will rise in the long term, other than in the inflationary sense as fiat money devalues as always.

There are already many alternatives to oil which are profitable to produce, such as El Matador's favoured ethanol. China is gearing up to liquefy coal. Photovoltaic sales are booming. Efficiency is improving in energy use.

Mqurice