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The End of Oil's Stunning Ride-CNNMoney 9/29/06

Discussion in 'Environmental Discussion' started by hb06, Oct 23, 2006.

  1. hb06

    hb06 Member

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    "Prices may steady at $55 to $65 but that doesn't mean an end to wild swings in the energy sector."

    "But perhaps the most exciting thing about oil in the $55 to $65 range is that it opens up a whole slew of investment alternatives - from tar sands to wind power to fuel cell cars - that weren't feasible when fossil fuels were cheap."

    http://money.cnn.com/2006/09/29/news/econo...rices/index.htm
     
  2. tripp

    tripp Which it's a 'ybrid, ain't it?

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    interesting article. I particularly liked the last bit, "Or as Schork put it when asked if the crisis was over: "I wouldn't say we're out of the woods. I'd say we've woken up."