GREY:CXEYF - Post by User
Comment by
Resilienceon Jun 19, 2008 4:30pm
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Post# 15206133
Good input Golfin
Good input Golfin
I agree at some point alternative energy will have to kick in. The only thing I very much doubt is the speed at wich it will evolve against oil supply. I think we will have a peak for awhile then increased production catch-up and alternatives will take-over.
But my guess is this will take a couple of years. Hence I think Candax is well positioned for now.
Natural gass will see a more robust rise in prices i think that's why i think Chaal is so important for Candax.
This all is also why I am wary of high cost oil sands and/or -fields.
R.