Kiplinger spent an entire page on the subject of ENERGY. As always, their views remain conservative and prosaic. In their view petroleum products will continue to rule the global economy for many years to come. This obviously includes the United States where recent fracking technology is bringing about a major oil/gas renaissance.
K predicts that by 2016 global oil prices will tend to fluctuate between $65 - $75 per barrel. That translates to about $3.00 a gallon of gasoline (Go-go juice!) in U.S. markets. [Personal commentary: The political philosophy in the U.S. not to tax go-go-juice as much as they do in certain European countries, because we are not socialists, or some other stupid reason like that.] K predicts a slow but steady rise in natural gas prices due to its increasing abundance - and a tendency of industry to switch over to the cleaner fuel. The down side: Certain alternate energy markets, including the Bio fuel market will take a hit because natural gas and oil prices will continue to gradually decline making it much harder for the alternative fuel industries to keep above water. It will be interesting to see if whether Rossi & Co., DGT, or some other CF/LENR company can finally get their act together within the next decade or so. If they can I would imagine the petroleum market, despite declining prices, would still be doomed. Regards, Steven Vincent Johnson svjart.OrionWorks.com www.zazzle.com/orionworks tech.groups.yahoo.com/group/newvortex/
