Tidal not significant nor is solar or wind. Look up the BTU equivalent in oil and natural gas consumed every year and compare that to the BTU generated by alternatives. Oil and Natural Gas will still be the main energy source for the planet for the next 50 years then perhaps fusion begins to replace it.
From Wikipedia: Wind power is growing at the rate of 30% annually, with a worldwide installed capacity of 238,351 megawatts (MW) at the end of 2011, and is widely used in Europe, Asia, and the United States. Several countries have achieved relatively high levels of wind power penetration, such as 21% of stationary electricity production in Denmark, 18% in Portugal, 16% in Spain, 14% in Ireland and 9% in Germany in 2010. As of 2011, 83 countries around the world are using wind power on a commercial basis. In 2013 wind generated almost 3% of the worlds total electricity. My guess is that the demand is growing faster than the increase in renewables. 125000 BTU to heat a house or run a pizza oven,....that's a lot of power.
In other words, green energy relies upon a fascist economic system. In a market economy, green energy is mostly a failure, as fossil fuels provide dramatically greater energy density. Economies whose governments mandate green energy will endure higher real energy costs, malinvestment, and will most certainly experience lower rates of economic growth than those that utilize fossil fuels, Fossil fuels will continue to be most heavily used by the economies that will be growing the fastest.
I've been DRIPing my distributions..... not a particularly smart move on my part. The developed world is moving away from fossil fuels for electric generation as wind, solar, geothermal, tidal and other "green" sources of energy gain favor. Europe is way ahead of us, but we're likely to follow their lead. I just got back from Scandinavia where wind turbines are almost as common as trees. Fifteen years ago there were none. The waters off Copenhagen are now covered with spinning wind turbines for as far as you can see. The sales tax on cars is 200% -- UNLESS you buy a "green" car like a Prius or a Leaf which has almost no sales tax. Do the math. Would you buy a Leaf for $30,000 or a similar size gasoline car for $100,000? (Those are real numbers.) It's scary.
I must hate my money. Bought some more today.
Seriously, this is really a fine company at a really good price. Rough sledding right now, as EPD is one of the babies being thrown out with the bath water.
Sentiment: Strong Buy
Skin the whole sector is getting hammered because of Exxon, Chevron and the Oil price. It's just a very out of favor sector. EPD's business is still performing well in this tough environment. Eventually, and I don't know when, things will change and this sector will come back in favor. When it does EPD will lead it up. Until then collect your distributions.
All my research shows EPD to be one of the premiere MLPs. Curiously today, All MLPs started poorly but are now catching bids, except EPD. No news. Is there something I missed?
Motley Fool continues to be wrong on EPD. I foolishly started buying at $59 on their recommendation, and I regret it. I wish I never heard of Motley Fool or EPD. At the present rate, I probably won't live long enough to ever get back to even.
Go to the NASDAQ or some other source for accurate information. Yahoo refuses to correct their (obvious) error, and they don't care.
The correct 52-week low was $26.91.
Saudi's shorted the US oil industry and now cutting production they will buy back into the markets. They do not go by rules.
Sentiment: Strong Buy
Linn is an upstream company whose business relies on the price of oil and nat gas. EPD is a midstream company with mostly fee based revenue. Nothing is a sure thing. But EPD is as close as you can get for a safe income play. I own a little of Linn so I am very much aware of what can happen. But to compare Linn to EPD is comparing apples to oranges
It looks like yahoo hasn't adjusted epd for the split a year ago or the 52 week price range. Are they not at about a 52 week low or am i looking at this wrong. I think yahoo has the 52 week low at $17 and change?
Tell that to MLP "income investors" of LINN, BBEP, etc. Distributions get eliminated without notice and you get a fast 25% haircut on your principal which is already down 40%. You can gamble on the income, but never count on it. And please don't give me the old "but not EPD". Trust me, it can happen to anyone.
Just goes toward investor ignorance on the MLP valuation and performance. Earnings can be up or down due to controllable spending, depreciation of assets, revenue recognition rules, etc., but cash flow is the ultimate king for MLPs. Also, I think today all MLPs suffered, including the A-listed ones such as EPD, because a far inferior one cut its divvy - namely LINE. EPD will be $35+ in weeks.