Comments on: With Oil Prices Poised to Jump as Much as 70%, Every Investor Needs an Energy Strategy

By: Amish Rake Fighter

Amish Rake Fighter — Mon, 25 May 2009 01:45:58 +0000

I like the democratically elected Chavez, he stood up to a US backed coup in the Spring 2002 and lived to tell about it. Good on him

By: Mike

Mike — Sun, 24 May 2009 14:51:55 +0000

As an electronic engineer, I can tell you that the
electric cars still have a long way to go.

Toyota’s Prius first went on sale in Japan in 1997.
10 years later, it still use Ni-Mh battery, because of
the problems of lithium batteries.

Do you know DHL/ FedEx/ UPS won’t ship li-ion batteries?

Even we solve the lithium batteries problems, there may not
enough lithium (commodity again) to make lithium-based
batteries. (I read an article.)

Public transportation as in Asia and Europe is the best way
to go. Too bad few people realize SAVE is the best way.

By: Brian

Brian — Fri, 22 May 2009 16:53:22 +0000

I’m replying to Brenda Alwyn’s post about the lack of oil production decline. Everyone is expressing an opinion here so all I can do is look at the facts and express my opinion as well. So for what it’s worth here goes… I’m a Sr. Production engineer for a very large Independent Oil and Gas Producer. I am responsible for about 750 wells in West Texas. You can quote web pages all you want that suggest production is not declining, all I have to do is look at my own production…. Trust me it’s declining! I was making 4200 BPD this time last year. On a good day now I make 3600 BPD. Keith is dead on with his analysis of our current production situation. We are not spending money to increase the production because it is not cost effective to do so. Well there is my two cents… Take if for what it’s worth.

By: Jeff Pluim

Jeff Pluim — Fri, 22 May 2009 12:31:33 +0000

I am a business broker. In the late 1990’s, I was selling a photo developing business for a client. I figured that whoever bought the business would have a 5 to 10 year window to profit before digital cameras decimated the photo development industry. Boy was I wrong!! It took only 2 years to see the digital camera replace film based photography. When you look at the curve for any high tech development in the past, you will see that once the public gets behind it, as is now happening with electric cars, the rate that the new technology floods the market is phenominal. I believe that we will see a huge demand for electric cars which will be filled by the free market by 2010. All you have to do is look at the money going into the R & D and you will change your investment strategy from oil to lithium batteries. Oil might last as an upside investment for the balance of this year. But I believe that’s it.

By: Carl Kirsch

Carl Kirsch — Thu, 21 May 2009 20:44:31 +0000

You did not correctly predict the oil price rise. You said $170 a barrel by Dec 2008 and 200 plus in 2009. There seems to be a trend in your remembering what you said in other areas also. A good investment advisor admits the wrong calls as well as the good calls. Then you are someone to trust. Other wise this is just advertising.

By: Brenda Alwyn

Brenda Alwyn — Thu, 21 May 2009 14:30:35 +0000

have a look at

http://www.safehaven.com/article-13383.htm

and I think you will find production is not contracting at all