Didn't Buffet lose a fortune over the last decade? Didn't he also endorse Obama? That will guarantee loses for another decade :) Didn't Brazil just find a shitload of oil?
On Thu, Jan 14, 2010 at 11:16 AM, Gruss Gott <[email protected]> wrote: > >> Scott wrote: >> Can you post any links that report that energy usage will increase >> 'exponentially'? > > Probably but I"m lazy. A quick google search should do the trick for you. > > In lieu of that, there's a decent interview with Brian Schwartz here > (more peak oil related): > http://www.takepart.com/news/2010/01/14/peak-oil-interview-with-brian-schwartz- > > You can read http://theoildrum.com or you could read the tea leaves if > you'd like: > > * Warren Buffet is buying up rail (which only becomes > Buffet-profitable in a liquid fuels crisis) and he spent $26 billion > which is his largest investment ever. That's a pretty big bet on a > tired old business unless you thought a liquid fuels crisis was > coming. (not only is rail much more efficient, it can be easily > electrified) > > * T. Boone Pickins is buying up water and natural gas (and he's an oil man) > > * Exxon just bought XTO, a natural gas expert and it was their largest > acquisition since Mobil > http://www.bloomberg.com/apps/news?pid=20601103&sid=awkU5EFr06cU > http://online.wsj.com/article/SB10001424052748703438404574598374176991450.html > > * UPS and FedEx are building fleets of natural gas and electric, respectively > http://blogs.wsj.com/environmentalcapital/2009/01/09/gas-fight-t-boone-pickens-and-fedex-square-off/ > > and you can hear about the peak oil here: > > Maxwell Says Global Oil Production to Peak Around 2015: Audio > Dec. 17 (Bloomberg) -- Charles Maxwell, an analyst at Weeden & Co., > talks with Bloomberg's Tom Keene about his forecast for oil prices, > global energy demand, production quotas for the Organization of > Petroleum Exporting Countries and alternative energy. > http://media.bloomberg.com/bb/avfile/Economics/On_Economy/vlQPaHAQPcAY.mp3 > > also here's a nice movie review: > http://rogerebert.suntimes.com/apps/pbcs.dll/article?AID=/20091209/REVIEWS/912099993 > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Want to reach the ColdFusion community with something they want? Let them know on the House of Fusion mailing lists Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:310508 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
