Re: Peak Oil and investing in oil companies and or other companies
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I don't want to sound like I'm touting something here, as I'm only stating what I believe is a great investment option(however speculative it may be) considering the high price of oil and what Tornado69 asked. That investment is ethanol stocks such as Pacific ethanol, Archer Daniels, and Gulf Ethanol as Americans, with the help of the government, push themselves away from the oil dependency gripping this country.
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Ethonal is heavily oil dependent right now, fertilizing fields without crop rotation takes huge amounts of energy to fix nitrogen and to transport that fertilizer to the locations. (this is for corn ethonal not sugar cane). When peak oil hits corn thonal will be such a big loser that it will collapse without huge gov subsidies... which isn't out of the question.
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Corn ethanol is NOT the answer.......only for a few years(exactly why farmland will continue to skyrocket for another 2 years)...........but ethanol production will increase every year for at least the next 10 years...........when grass, sugar, and organic wastes can be used to produce it.
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