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Article #1216

What are wise investments if one thinks energy will get cheaper?

#1216
From: Randy Burns
Date: Wed, 06 Jan 1993 00:59
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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