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Re: spitsong post# 50806

Saturday, 02/04/2006 10:53:08 AM

Saturday, February 04, 2006 10:53:08 AM

Post# of 147360
OT: oil and stuff

I think CA has a program approved or proposed that would install massive banks of solar cells on building all over the state. Green/alternate energy is sure to get a lot of attention and money flow.

I think there may be a lot of money to be made in oil - but as other technologies, specifically coal liquefaction, become more and more feasible oil may lose some of its luster. When or how this happens, I do not know.

I do know, from an investment viewpoint, that I have shares in RSNRX, a fund that holds a lot of energy companies across the spectrum - oil, gas, services, coal etc... I also hold PBW and ESLR. I consider all these long term hold positions.


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