Peak Oil and the next Bubble
By JAB on Monday 11 February 2008, 20:46 - Market prices, etc - Permalink
I don't believe in bubble theory but do believe in peak oil theory. I believe the above article nails the token investments being made in alternative energy. My sources tell me that biodiesel costs around $2.80 per gallon on average. That's before taxes and profits. This being the case, then investments in biodiesel are higher risk than cheaper oil and gas alternatives. www.oilandgasinvest.com
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