moose as for oil consider that China is now the largest automobile market. further as the price of oil has spread wealth folks in places like the Saudi's start to get a taste for automobiles and a more energy intensive lifestyle. Watch for the Saudi's to begin to use more of their oil at home and export less. How does that work for us?
Then consider the time it takes to convert things like liquid fueled truck fleets to nat gas, etc. Doesn't look like a smooth transition to me.
My guess is that there will be a frantic effort at some point. It is a matter of survival of lifestyle. US demand is important, but the rest of the world is making the USA just a part of the demand. Check out Pakistan/diesel fuel and other places of limited wealth in Africa. The shortages have already started and noticeable at the margin. Here we just pay the price because we still can for the moment. On the other hand there are probably a bunch of folks here who can no longer pay the price either.
Faith and belief in the current team assembled. We know there is a need for storage that is going to increase exponentially, we know the grid and electricity problems globally are overwhelming, It appears their product is pretty solid, so we are banking on the team and the leaders of this company to make it happen. At this juncture if you believe in the team you buy the stock, if you don't then you wait.
What isn't even factored into this equation really is that this is a 2013-2015 story. Their are electricity issues now that are severe and oil is a 100 a barrel with 8.6% (by government numbers) to what is probably 15% unemployment. What if unemployment is back down to 4 or 5% and Europe and Japan are recovering, India straightens itself out for a business climate. Who knows, should be fine.
Thank you again.
Here is another instance of the growing demand for liquid fuel.http://en.wikipedia.org/wiki/Tata_Nano
Thinking about it China's push towards electric cars is as much a move away from liquid fuel as it is from pollution as generating the electricity will create pollution. Might move the source of the pollution or the kind of pollution, but the pollution remains. Example is build a new coal fired generating plant but put it a bit away from the city. New nukes are clean until they are not as in Japan.
Just starting to look at KNDI this morning and looks interesting. If it looks good after a few hours of reading probably buy a little and start to become familiar with it.
Fracking Moratorium Urged by U.S. Doctors
By Alex Wayne - Jan 9, 2012
The U.S. should declare a moratorium on hydraulic fracturing for natural gas in populated areas until the health effects are better understood, doctors said at a conference on the drilling process.
Wow, if this gets traction.
What's done is the 25 kW inverter. According to one poster here, there is a 60 kW and 125 kW still in testing. The company won't predict for the record how long that will take, and who can blame them?
I don't have any feel for what contracts would depend on the larger sizes. While I'm not clear on whether the Flow Battery is a good candidate for the Viridity Energy/PJM money making opportunities related to new FERC rules, I do know that the minimum "ante" is 100 kW. So AXPW has first mover in that market, and also the ability through their (private) Princeton Power Sytems provided UL inverter to interface with Solar Arrays as well.
The China story is good but nebulous news, given the reputational hit anything China related has taken in the last year. It would be easier to get excited if we trusted them more, but sadly, many investors don't. That goes for both numbers that will be reported, and the IP we're "giving" them.
We'll just have to be patient and see how the revenues (and hopefully profits!) pan out. I expect to get more solid, dependable, believable numbers out of the Korean JV sooner.
You are of course correct, there's a lot of good things happening. It's just hard to be patient given the lack of real data to back investment decisions on.
It's still largely a matter of faith at this point. But that's what makes a market, eh?
China is making a big push into electric vehicles. I have a position in KNDI, which makes very lightweight and inexpensive cars with "quick change" batteries under the rocker panel. The company appears to be politically well connected, and the required infrastructure is getting built with further political connections to power generation and battery companies. Air pollution is a huge problem there in addition to their actual and feared dependence on foreign oil.KNDI seeks to produce a lot of cars for the masses, and I think they've got a good shot. They will recharge the batteries in off-peak periods.
(And yes, I appreciate the irony of owning a Chinese stock and complaining about lack of "faith" in ZBB's joint venture. Though if their technology gets stolen, it'll be a fair fight in their courts.)
Have you considered what happens if our Fracking Techniques (especially Gasfrac which doesn't use water :-) to Frack ) get exported to lots of other countries? What if the Russian near monopoly on Nat Gas were broken in Europe? I know Poland is pushing Fracking already. France of course has banned it, but if you get the Water issue out the way, even they might come around if Gasfrac figures out a good way to license or export their technology.
Not to say you don't raise lots of good points, but we've heard a lot of them for quite a while and yet we keep stumbling along ... and when the economics of higher oil prices get in place, actions we haven't thought of seem to keep appearing ...