gone west

Thanks. I saw that on consa's site, I wonder if there will be much capital gains left for the BTLers by then.

Thats very reassuring. Sold my home in late 2003 and then converted sterling proceeds to gold/oil and Canadian equity over the subsequent 8 months. Looks like I managed to get fairly close to the peak (for once).

You're a brave man shorting crude going into hurricane season.

...or more precisely, how can you function in a world with $100+ barrel oil.

WTIC closed at $76.70 today. Middle East boiling again.

I believe uranium may well begin to outperform oil as an energy investment in the next few years. Tight supply, long mine lead times and a rush for the nuclear option from every direction imply a rapidly rising price for the raw material. Here is an interesting column about the four great commodities: gold, silver, oil and uranium. http://www.moneyandmarkets.com/press.asp?r...d=292&cat_id=6&

Isn't ALZ supposed to annouce some prelim drilling results soon?

On the weekend we had Australia sign a uranium supply deal with China. Now some more mainstream sources are carrying the uranium story. http://www.marketwatch.com/News/Story/Stor...hoo&siteid=yhoo

For the home user, it would probably be easier to sell excess capacity back into the grid (assuming your local utility is willing to take it). Where I live, we experience frequent power outages in the winter due to high winds and snowfalls. Storage would be a nice backup option. If hard pressed utilities become less reliable, that would also increase demand. And the suggestion of variable power rates might also help. Simply a matter of energy costs vs storage costs. They will meet at some point no doubt. I also like the idea of the compressed air option, but I wonder if it is too inefficient.

What fiction? The applied science of the small (nanotechnology) promises to bring battery technology out of the stone age. It is already yielding tasty fruit: http://www.azom.com/details.asp?newsID=788

Another oily board: http://p088.ezboard.com/bdownstreamventures

My favourite site for collating news about anything oily, http://p100.ezboard.com/bpeakoilpetroleumandpreciousmetals also has info about precious metals and geopolitics (one big soup).

Hey Bubb. Howza bout a links section somewhere? Links to other boards, info sources, PO sources, etc... and a sub-forum on conservation strategies and companies would be good also.