RE:RE:Here is the reasoning for the oil companies NOT being a goodFor the ones who not only can't read but comprehend what I wrote in my last post, I did NOT say that ice vehicles are going away any time soon, but this is what I did say.
IN 20 years, the oil market will be MUCH SMALLER with many companies going under. Perhaps only the giants will survive but even they can see the writing on the wall and are getting into some forms of renewables. The smart ones will diversify and survive, while the stubborn redneck type will die off and go the way of the dinosaurs. LOL. I see there are some dinosaurs here. LOL
Now for the brainless who don't get what all the evidence points to, well let's just say they won't do well going forward. Whether or not a redneck accepts this future fact is up to them, but reality is different than sticking that redneck into the sand HOPING for a different outcome. Do we have to expand and develop a better electric grid and provide more power ? absolutely, but look at just how far the advancement in solar has come. You now DON'T even need the sun since the panels can charge the batteries anyways and here is why.
Solar panels produce electricity from the photons present in natural daylight, rather than from the sunlight itself, so panels don't actually need to be installed in direct sunlight to work.
Soooo as technology advances and prices have come down dramatically, eventually everyone will be able to install solar panels and the efficiancy is now such that it will not only provide ALL the power you require, but basically everyone will be able to sell power to the grid. Some refuse to accept the advancement technology brings and the speed at which it brings it, so they will always be left behind. I personally preffer to stay on top of it and ahead of it and it has made me prosper greatly financialy.
The rednecks can suit themselves because only a person with a closed mind won't admit when they are wrong.
IVN is a HUGE part of this new transition since we will supply the basic material building blocks for it all and us SMART foreward thinkig investors will be well rewarded and all you have to do is to stick with it.
RF is doing the rest for yah. LOL