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re: US running out of room to store oil; price collapse next?
Posted on 3/4/15 at 6:57 am to Jim Rockford
Posted on 3/4/15 at 6:57 am to Jim Rockford
quote:
I think we're on the verge of an efficiency and/or technology revolution that will eventually make the oil in the ground a lot less valuable than it is now.
Do tell.
1
Posted on 3/4/15 at 7:00 am to JudgeHolden
A lot of things. Battery technology, superconducters, engine technology, and I'm sure some I haven't heard of. I'm not prescient enough to know which one or which several will be the breakthrough. If I did, I'd be investing in it. But it's coming.
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