I'm getting the sense that the power generation industry has turned the corner recently, as regards adoption of alternative sources. Or at least is in the process of doing so. Obviously, the writing has been on the wall for a while now, but it seems that they've decided that they've been swimming against the tide and its time to change direction.
All across the country, utilities are having a hard (very hard?) time getting planning permission for new coal and gas fired plants.
There is a good chance that by the end of the year the EPA will no longer be an adversary of the environmental lobby, but an adversary of the industry.
I'm seeing reports every day of big new projects, solar, solar thermal, Geothermal especially.
Anyone else seeing this? or am I just being overly optimistic.
I agree with you to a point...The nukes are 10 years out and Solar can put a band aid on the problem...Like T Boone pickens said...Run your cars on Nat gas & stop boiling water with it to make electricity...We have no comprhensive energy policy...Just fools...
STP was up $3.42 for the day....it is now down to $2.48 and falling....soooo predictable...your good if your holding 4/40 puts....looks like a winner deal....if your long??? get out now!!!!!!!!!!! buy back in at $38.50 or lower.
Our current energy policy is to intelligent as Paris Hilton is to carbon fiber fishing rods.
We dont like to talk about stuff like that
All we care about is where STP will trade in the next 90 seconds..
Or for the long term holders on the board, where it will trade 5-7 minutes from now.
;)
I think any human not named Bush/Cheney will seem like a tree hugger compared to what is currently in the WH, so as that is anticipated altnerative energy should pick up
But we still can't seem to build a refiner or nuclear power plant in this country.
Maybe $200 oil will wake up people. Or $300. Who knows.
STP is starting to fall....looks like a $38.50 close (all red) then Monday will be worst. Get Out Now!!!!!!!!!....jmho..not bashing, I just know the Chinese stocks.