The new boom sector

  1. 5,447 Posts.
    27 years supply left of easy to get oil reserves.This is the upper figure,could be less.When you think that the average home loan is 25 years,the impact is almost upon us.Will banks lend money without one eye on the depletion of oil so near.We have seen the biotech boom to save our lives,now we will see the energytech boom to extend the life of fossil fuel reserves.Out of this may come sustainable power supplies,but it is certain large amounts of money will be thrown at the problem as is being directed at life extention for the aged.Even Orbital Engine may come under the spotlight at last.Well worth some research to find the minnows that will become giants.The oil,gas and coal shares will become sought after as will timber and other stores of energy.Comments???
 
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