Hoarding is exactly what the government is doing right now by filling the SPR, and frankly it's the best thing that could happen. It drives prices up. High prices encourage demand destruction. They also finance new well development. The hoarded oil gives us a buffer to fall back on once shortages become more prevalent. High prices are what we need in order to adapt to what's coming, and the sooner they happen, the better.
SOLAR MILLENNIUM
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Solar Millennium AG is a globally active company in the renewable energy sector with its main focus on solar thermal power plants. Together with its subsidiaries, Solar Millennium has specialized in parabolic trough power plants, a proven and future-oriented technology in which the company plays a leading role worldwide.
Posted: Tue Jul 01, 2008 2:05 am Post subject: Re: I investing in Sun and Wind.Some German companies.
You could also try an ETF which invests in those. Depending on the amount you have to invest, it could prove more cost effective. _________________ capitalism *is* fun blog
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