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I think most of us realize we are eventually going to have to find new
and better sources of energy. However thanks to our own stupidity and the stupidity of the leaders we have elected to office we are still years away from having new energy sources. The big problem in the next few years is going to be IF there is enough oil available in the World to meet current demands. If there are real shortages and the competition becomes to fierce for the oil that is left higher prices and the possibilty of armed conflicts increase. We need a gradual weaning away from oil while the new sources are being brought online. I am always looking for companies to invest in that offer new types of energy or better ways of using what we already have. One of the companies I have holdings in is a small startup ( and I do mean small) company out of Houston, Texas, Sequoia Interests SQNC on the Pink Sheets. They have a product called DiamondFlo which they are developing that has several possible uses. One of the main benefits of it may be its use in extracting oil from the Tar Sands typical to Alberta and other parts of the world. Do a google for "tar sands Alberta" just to get an idea of the potential supplies of oil in Canada. To read about the DiamondFlo product and its latest test results go to this site: http://www.pinksheets.com/quote/news...RE&symbol=SQNC I wish our leaders would have been wise enough 30 years ago to recognize that alternative clean and renewable power sources were going to be needed but they weren't. I hope they are finally aware of the fact that we need to be working on that problem right now. I hope we can see them pass an energy bill that addresses some of these issues before the summer session ends. Dennis |
#2
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On 14 Jun 2005 07:58:22 -0700, "TwoGuns"
wrote: I think most of us realize we are eventually going to have to find new and better sources of energy. However thanks to our own stupidity and the stupidity of the leaders we have elected to office we are still years away from having new energy sources. The big problem in the next few years is going to be IF there is enough oil available in the World to meet current demands. If there are real shortages and the competition becomes to fierce for the oil that is left higher prices and the possibilty of armed conflicts increase. We need a gradual Wrong dragon breath - we need to use more oil, drive gas guzzling SUVs, buy huge, hideously expensive boats to operate - we need to waste more oil so that we can keep those little bacteria buggers to work making more oil. Conserve oil my butt. |
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