An Abundance of Energy
More discussion today on the future of energy prices and this is one area where optimism reigns.
A story at Forbes suggests the day will soon arrive when oil, coal and natural gas will be historic footnotes.
We’re all aware fluctuations may still be a common occurrence through the next decade but increasingly alternatives are filling the void. A story at Forbes suggests the day will soon arrive when oil, coal and natural gas will be historic footnotes. I will also note much of the research and development into new technologies was funded privately.
I think it tells us many of the world’s problems often go away despite our fears. Consider the birds don’t worry about where their next meals come from. Of course if I was heavily invested in oil stocks I would be looking for a hedge!