Saturday, April 30, 2011

We are running out of oil reserves

We are running out of oil reserves, so oil prices are going to go up. People will use any other kind of alternative energy that they can find. Solar, wind, energy will become more competitive. Wind power is not competitive unless oil is at $80. Solar power is not competitive unless oil is over $100. People aren’t going to change the world unless they can make money. Few people who want to be altruistic have any meaningful impact on the world. - Jim Rogers.

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