RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:the greenies are out to get us ..It cost me $70 in electricity for my car last month - but most months it's about $40. And it is a way more pleasant drive than any other car I've driven.
But, more importantly, your argument is trash. You are, after all, an investor I assume. So, presumably, you believe our system relies upon companies that provide services that people want/need. When the want/need goes up more supply will come on line - it's supply and demand. I'm invested in o+g, but I can see the writing on the wall. Can't just ignore the ridiculous climate changes that are going on and just keep cheering for more oil so your stocks go up. I am pretty sure government promises about reducing carbon are going to lead to changes. Even slow, small reductions in consumption will affect the price of these stocks in the not too distant future.