Oil and Investment
 

Re: Oil and Investment
 

This post provided courtesy of the Oil and Gas Industry because of course what every hybrid owner wants is to shovel more money into the pockets of greedy energy execs.

Ooooooohhhhh!! 650% return.

I'm gonna make millions!

Re: Oil and Investment
 

I absolutely agree to the post... This is true... Actually, its happening now. Almost every week oil companies raise their price. They said because they also got the oil from a high price etc. Does their stock (which they bought it in a cheaper price) run out every week?

Re: Oil and Investment
 

The issue is speculation trading on Wall Street. Regulation appears to be missing.

Re: Oil and Investment
 

Agreed, this is a forum for those who would like to use less oil, and let's all hope that the world indeed uses less oil.

I think what matters is the time frame.

Let's look at some stats. The world consumes about 85 million barrels of crude every day; that'd translate to about 1 trillion gallons per year (1 bbl = 42 gallons). The current biofuel supply is about 15 billion gallons a year, that is about 1.5% of the total requirement.

Whatever number you apply to biofuel growth and EV/PHEV growth, it is inevitable that our generation would necessarily dependent on oil.

Will this necessarily mean highly profitable oil companies? Depends on which companies you talk about and a host of other factors - marginal cost of extracting oil (which is increasing everyday), governmental regulations (which are not exactly oil-company friendly these days) and more.

Most important, many investors simply might not want to invest in oil companies, profits or no profits. For them, the world does not go around only for money

Re: Oil and Investment
 

Agreed, this is a forum for those who would like to use less oil, and let's all hope that the world indeed uses less oil.

I think what matters is the time frame.

Let's look at some stats. The world consumes about 85 million barrels of crude every day; that'd translate to about 1 trillion gallons per year (1 bbl = 42 gallons). The current biofuel supply is about 15 billion gallons a year, that is about 1.5% of the total requirement.

Whatever number you apply to biofuel growth and EV/PHEV growth, it is inevitable that our generation would necessarily dependent on oil.

Will this necessarily mean highly profitable oil companies? Depends on which companies you talk about and a host of other factors - marginal cost of extracting oil (which is increasing everyday), governmental regulations (which are not exactly oil-company friendly these days) and more.

Most important, many investors simply might not want to invest in oil companies, profits or no profits. For them, the world does not go around only for money