Article from Jeff Siegel... THIS is Fracking on Steroids!
By Jeff Siegel | Monday, April 1st, 2013
A few weeks ago, I told readers about “eco-friendly” oil.
This is a new production technique that allows oil producers to reduce their surface impact by about 75%, while lessening the disturbance of large underground water sources.
Now, for the sake of full disclosure, it's not really “eco-friendly"... but it is far less environmentally destructive than older, more outdated methods of production.
Of course, the main reason we're so bullish on it has more to do with profits than environmental benefits. Not that those benefits should be trivialized, but at the end of the day, we're looking for quick and steady gains.
And that's exactly what this new oil production technology offers.
Profiting Handsomely
As the global energy economy continues to transition, technological advancements are being developed faster and faster.
Certainly we've seen this in the solar space where, back in 2005, manufacturers of the most basic conventional solar photovoltaic systems were all the rage.
A few years later, it was all about a "new" technology (new back then, anyway) called thin-film photovoltaics, which is a form of solar that is lighter, thinner, and cheaper to manufacture.
Today “thin film” is old news — and investors are lining up to get a piece of the installation market that's now booming, thanks to a massive drop in solar production costs. SolarCity (NASDAQ: SCTY) is one such installation play that continues to benefit nicely from solar leasing projects in the retail, commercial, and military sectors.
In 2013 new, disruptive solar technologies like “black solar” and solar windows will be all the rage. This is actually sparking a lot of new interest in small chemistry and engineering firms that are taking the lead in the next round of solar technology advancements.
Over the past eight years, we have witnessed the rise and fall of various solar movements. And this will certainly continue, along with the profits.
But solar's not the only game in town when it comes to front-running the new energy tech giants and profiting handsomely...