Strategic Asset Leasing Inc (LEAS)

[Kgem]

In 2007, Exxon, shocked the renewable energy industry when it unveiled a super-thin plastic sheeting that improves the power, safety and reliability of lithium-ion batteries for use in automobiles. It allows battery makers to build smaller and cheaper battery systems - removing key obstacles that have kept automakers from building hybrid and electric vehicles on a mass production basis. Exxon was instrumental in putting electric vehicles on the road.

Although this is long term thinking, as opposed to just thinking about tomorrow, does anyone really think the big energy companies will just sit back and do nothing while electric vehicles start to role out throughout the world?

While no one can say with certainty that electric vehicles will take off and compete effectively with gas powered vehicles. The fact that Goldman Sachs is predicting $200 a barrel oil should give investors an idea about where energy prices are likely going. Who will already be there making money on oil? The oil companies. Who will then have the money to invest in new technologies and research? The oil companies. The world is never static, and smart investors should never think that what they see today will be the same tomorrow. Enjoy the remainder of your weekend people, and think of the world as it is soon to be.


Kgem