T&T: $100 + a barrel!
Keith
keith at anastasia3.com
Fri Jan 4 06:21:56 EST 2008
I think the American people are just numb at the whole energy price
thing.... someone mentioned inevitable and irresolvable. That pretty much
sums it up, at least in present. Every time the gas prices spike, you see
lots of people join the BMW club... Bitch, Whine and Moan, but they don't do
anything about it on a personal level. I saw a lady awhile back moaning that
she was going to have to hock her diamond ring to pay for gas... well how
many tanks is that gonna get you, lady? What a strategy.
I'll toss out my favorite option... nuclear power. Those plants are sure
looking good right now, and at least the government has started a program to
head down that path. That would make electrical powered vehicles look a lot
better in the big scheme of things, as well as lowering the dependence on
fossil fuels to fire the plants that make electricity.
BTW, my XLE energy select SPDR fund increased over 37% last year. If you
can't beat 'em, join 'em!
Keith
_____
AAAAAA: American Association Against Acronym Abuse and Ambiguity.
----- Original Message -----
From: "Gregory Han" <hangreg at gmail.com>
> Of course one possibility is to invest in oil and oil drilling
> securities if you have the wherewithal.
> The gains in those have more than kept pace with oil prices.
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