making money from exxon etc, may be fun but what is next?
2006-08-23 01:31:43 · 6 answers · asked by April N 3 in Business & Finance ➔ Investing
Alternate fuels are so speculative that 9 out of 10 companies will not make it. They are still a long way off. All the hype over ethonol is just that hype. It takes more energy to make a gallon of ethonol than can be produced by that gallon. Where do you think that energy is going to come from?
You might possibly find a good bet in wind mills. They have a great deal of potential. The main manufacturer is Vestas in Demark. There stock is traded on European markets under the symbol VWS and as a pink sheet stock in the U S under the symbol VWSYF.PK.
And have you noticed what uranium stocks have been doing lately?
Personally, I would stick with the tried and true--COP, XOM, APA, NBR, DVN, etc.
2006-08-23 01:59:39 · answer #1 · answered by Anonymous · 0⤊ 0⤋
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2016-01-17 22:35:58 · answer #2 · answered by ? 3 · 0⤊ 0⤋
I heard that University of Toronto found a way to create (extremely small) IR solar cells, that are so easy to apply - they are just painted on a surface. The projected cost to create units was only about 20% of conventional units.
Anyone that can develop this technology & bring it to market anywhere close to 20% of conventional units, stands to be huge. Living in Phoneix, where we do get a little bit of sun (330 days per year & average high temperatures in Summer of 105F), I've looked at buying solar cels for my house, but the payoff is not for another 15-20 YEARS. At 20% of the cost, the payoff would be 3-4 years. That's a difference-maker !
2006-08-23 01:42:33 · answer #3 · answered by dryheatdave 6 · 0⤊ 0⤋
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2006-08-23 06:08:29 · answer #4 · answered by stock_trade_expert 3 · 0⤊ 0⤋
What do you mean, what's next? Oil prices fall...
2006-08-23 04:37:22 · answer #5 · answered by NC 7 · 0⤊ 0⤋
ADM - they have corn (ethenol). But the ethenol play may be over.
2006-08-23 05:16:47 · answer #6 · answered by d1jensen 2 · 0⤊ 0⤋