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Article #1223Re: What are wise investments if one thinks energy will get cheaper?
From: Jean-Christophe Hugly
Date: Wed, 06 Jan 1993 19:11
Date: Wed, 06 Jan 1993 19:11
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In article <3959@key.COM>, rburns@key.COM (Randy Burns) writes: %% What investment strategies can folks suggest that would benefit %% from events that dramatically decrease the costs of energy. %% My ideal investment would be somethink like selling electrity futures %% -deliverable in some long horizon-short. Now, to the best of my knowledge %% there are no "pure" energy futures Oil futures would come close, but %% oil is used for lots of other things besides just producing energy, though %% I'd expect oil and coal prices to both drop rather dramatically after %% some breakthrough in energy technology unless the non-energy uses of oil %% (i.e. making plastics and fabrics) expanded dramatically in response to %% cheaper energy prices. Think about : - umbrellas - fridges - boats - grounds in the north not yet usable for agriculture Because if the price of energy decreases dramatically, the earths temperature will rise. J-C
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Path: arc1-ca.pugleaf.net!sparky!uunet!mcsun!julienas!chorus!luth.chorus.fr!jice From: jice@luth.chorus.fr (Jean-Christophe Hugly) Newsgroups: sci.physics.fusion,misc.invest Subject: Re: What are wise investments if one thinks energy will get cheaper? Message-ID: <1647@chorus.chorus.fr> Date: 6 Jan 93 19:11:12 GMT References: <3959@key.COM> Sender: jice@chorus.chorus.fr Reply-To: jice@chorus.fr Followup-To: sci.physics.fusion Organization: Chorus systemes, Saint Quentin en Yvelines, France Lines: 23