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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (5293)4/4/2006 4:30:08 PM
From: Seeker of Truth  Read Replies (1) | Respond to of 218664
 
Clean coal burning means negligible amounts of oxides of sulfur and nitrogen
Small cars are available now but it needs a decade or so for people to replace their large cars. Here in Ontario dirty coal fired power stations are intensely disliked. Dirty coal firing power plants are said to be THE major cause of China's polluted air. You tell yourself that oil is becoming more abundant; many oil companies don't agree with you.
As a matter of fact you've been assuring us that oil will go down in price ever since it was around $30. Acting without sufficient proof you cut yourself off of one of the greatest bonanzas I have encountered in five decades of investing.
I suppose I should thank you because if everybody accepted that the planet doesn't generate oil nearly as rapidly as we are taking it out of the ground and the annual production of oil must soon or already has peaked then oil would have gone overnight from 20 to 90 and we'd have missed the chance.
I probably need not add that with the degradation of the USD, the USD price of oil is bound to increase greatly along with the prices of paper clips, horse manure,what have you, as long as we measure in US dollars.