Tanon Maybe a development of the aluminum/graphite battery over...

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coopec

2,669 Posts.

08/04/15

11:20

Post #: 15049397
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Originally posted by tanon ↑

I have held o&g through this massive decline. Luckily WPL is my major o&g holding and it hasn't crashed as much as other o&g stocks. I have been accumulating o&g at these low prices and can hold and accumulate further on further drops. I think it is 90% a simple supply demand story exacerbated by hedging. O&g is essential to the world as we know it, as everyone with any technical background knows. It is a fantastic material resource. Burning it to convert 30% of it into useful kinetic or electrical energy has always seemed like a waste to me but this will continue until the alternatives are permanently cheaper or a change is forced (e.g. climate related regulation). When the end does come the last barrel will go to the US Air Force and the second last will go to the 'plastics' industries. Not sure when that will be but fairly sure the change will be gradual (i.e. over decades not years).

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Tanon

Maybe a development of the aluminum/graphite battery over the next few years could spell the end of oil powered vehicles?

Phone battery that charges in 1 minute created at Stanford ...

www.dailymail.co.uk/.../The-battery-recharges-MINUTE-Experts-build-che...

1 day ago - And while lithium-ion batteries can take hours to charge, the new battery has 'unprecedented charging times' of down to one minute.

WPL Price at posting: $34.93 Sentiment: None Disclosure: Not Held
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0 Great analysis

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