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6 comment(s). Last comment by Icon8888 2016-05-04 21:11
Posted by Icon8888 > 2016-05-04 19:13 | Report Abuse
buy Air Asia... the good time will be here for many many years...
Posted by speakup > 2016-05-04 19:50 | Report Abuse
in a couple generations time, when world run out of oil, then our future generations will look back and frown at how wasteful we were consuming oil @ US$40/barrel.
Posted by speakup > 2016-05-04 19:53 | Report Abuse
because we consume oil like crazy @ US$40/barrel, our future generations have to consume oil @ US$200/barrel when oil runs out???? Remember, oil is a limited resource, not like palm oil, coconut oil, soya oil. Once all oil mined..... no more!
Posted by Icon8888 > 2016-05-04 21:11 | Report Abuse
I have a different view. Future generation might not use oil anymore. Thorium reactor is one promising technology. And also, renewables
Posted by Icon8888 > 2016-05-04 21:11 | Report Abuse
One possible scenario is that cheap oil provide a bridge from now until new technology matures. US and China is collaborating on Liquid Fluoride Thorium Reactor. They should be ready by 2030. The world will then have almost unlimited supply of energy
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by Icon8888 > 2016-05-04 19:10 | Report Abuse
Scientific American The Age of Cheap Oil and Natural Gas Is Just Beginning By Marian Radetzki on May 3, 2016 http://blogs.scientificamerican.com/guest-blog/the-age-of-cheap-oil-and-natural-gas-is-just-beginning/