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Article #1216What are wise investments if one thinks energy will get cheaper?
From: Randy Burns
Date: Wed, 06 Jan 1993 00:59
Date: Wed, 06 Jan 1993 00:59
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1351 bytes
The more I read the news in sci.physics.fusion, the more that I tend to think that _somebody_(my own favorite horses in this race are some of the small companies working on hot fusion) will come up with a dramatically improved energy source sometime in the next 30 years. 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. Thanks for your suggestions. Followups to misc.invest.
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Path: arc1-ca.pugleaf.net!sparky!uunet!charon.amdahl.com!amdahl!key!rburns From: rburns@key.COM (Randy Burns) Newsgroups: sci.physics.fusion,misc.invest Subject: What are wise investments if one thinks energy will get cheaper? Message-ID: <3959@key.COM> Date: 6 Jan 93 00:59:05 GMT Organization: Amdahl Corporation, Advanced Systems, Fremont CA Lines: 19