Johnny Munkhammar skrev på denna blogg från 2004 till sin död 2012. Bloggen är upprätthållen som ett minne och som referens till Johnnys arbete av Johnny Munkhammars minnesfond.

This blog was operated by Johnny Munkhammar from 2004 until 2012 when he passed away. This blog is now in a memorialized state and operated by the Johnny Munkhammar fund.
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Monday 07/10/2024, 12:17:14

15/05/2008 1:23:49 pm
A True Word About Oil Prices. For years, I have been saying that we don′t have to worry about the oil running out. The reason is simple. It will run out, but before it does, the price will rise, which makes it more beneficial to research into new energy sources. As the end nears, markets and comapnies will solve the issue.

Martin Wolf wrote something along these lines in the FT yesterday. There may be many other contributing reasons for the current oil price, but this is also one. Demand rises sharply and the supply is not catching up, and it will not. So there are great profits to be made from developing new energy sources. My conclusion is that this is exactly what will happen in the years and decades to come.

Read Martin Wolf′s article here - >

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