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high fuel price

chahinemm said: "the alternate fuel industry what prospect? opportunities with the currently changing industry? the increasing in price of fuel? any company of interest. your taughts chahine"

Liviu said: "I think there's no question that eventually another fuel source will become dominant, but which one? And [B]when[/B] is the more important question I think. I wouldn't count out oil anytime soon. The media is so obsessed with alternate fuel sources, if there's one that's even close to replacing oil we'll all here about it on the news. P.S I heard that adjusted for inflation, oil is cheaper than it was in the 70's. I didn't do the research on this so someone who knows better please confirm or deny."

LanceJ said: "[QUOTE=chahinemm]the alternate fuel industry what prospect? opportunities with the currently changing industry? the increasing in price of fuel? any company of interest. your taughts chahine[/QUOTE] I think Nuclear Power and specifically Uranium will rally. With oil selling between $55 and $70 a barrel, it's quickly becoming more economical to build nuclear plants to generate electricity. Additionally, the cost of producing power isn't the only economic consideration when comparing nuclear power with fossil fuel electric plants. We must also consider the costs of fossil fuels versus the cost of storing nuclear waste. When all the expenses are on the table, it becomes clear nuclear energy is the cheaper solution. Pathway to Hydrogen Economy Nuclear power is also gaining support because it will play an essential part in the hydrogen economy, which we'll rely on when fossil fuels become prohibitively expense. To get the hydrogen we must split water atoms using lots of electricity. The only economically feasible way to create the vast amount of hydrogen we'll need for cars, etc.. is to build nuclear power plants. Uranium We can buy what every nuclear plant needs in abundance, uranium. Americans, Chinese, the French and everyone else simply must have it. Every type of civilian nuclear plant needs it. At today's levels of nuclear power generation, uranium production (from the ground) supplies 55% of demand. The rest comes from nuclear stockpiles which are not being replinished, and by salvaging uranium from Russian weapon stocks. These supplies will not last much longer. The tight supply means uranium prices will soar once demand heats up as was the case in 1976-1977 when there were rumors of a nuclear power revival. In the current price run, uranium prices have already trippled, but bigger gains appear to lie ahead. Check out the chart here: [URL=http://www.stockinterview.com/strathmore-randhawa.html]Price of Uranium Chart[/URL] A great reward, high risk play on Uranium is Northwestern Mineral Ventures (NWTMF.OB) and can be found in the Penny Stocks forum."

AlfredSokol said: "I'm a fan of Biomass. I'm seriously considering investing in a corn farm!"

Heather said: "Ethanol is an interesting fuel source. A guy that I know was considering buying a farm to produce corn/ethanol but I think that he withdrew that as a plan.. maybe he'll change his mind, though.."

Liviu said: "[QUOTE=Liviu] P.S I heard that adjusted for inflation, oil is cheaper than it was in the 70's. I didn't do the research on this so someone who knows better please confirm or deny.[/QUOTE] I answered my own question. Inflation-adjusted, the record high was $81 a barrel in 1981."

chahinemm said: "[QUOTE=Hathor]Ethanol is an interesting fuel source. A guy that I know was considering buying a farm to produce corn/ethanol but I think that he withdrew that as a plan.. maybe he'll change his mind, though..[/QUOTE] i wander what is the efficintcy level of corn fuel... chahine"

AlfredSokol said: "It's not perfect, but it does make sense to institute on some level. The government has issued a series of $100,000,000 grants in certain Midwest US states to start work on it. A savvy farmer could make a lot of money."

HappyHarry said: "Ultimately we're looking at higher prices for product, raw materials, and a slowdown in the economy if gas prices continue to rise."