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May 17th, 2008 - By Ian Cooper
Wealth Daily editor Ian Cooper explores why T. Boone Pickens is so bullish on the future of wind energy, and why you should follow him...
Note: Part of this article originally appeared in Wealth Daily. We didn't want you to miss out.
U.S. consumers are slightly aggravated.
Living in world of flawed seasonal adjustments, we were just told that gas prices fell 2% last month.
Huh, you say? You paid much more? So did we. But that's what happens when gas prices rise 5.6% in April, and the economists are allowed to statistically readjust, smoothing for seasonal oddities.
You see, historically, gas prices rise in April as we near warmer weather months and summer driving season. Taking that into consideration, the government adjusts its data to reflect the expected rise in gas prices, underscoring trend variations...
Today, energy is at a global crossroads. The International Energy Agency (IEA) estimates a minimum of $20 trillion needs to be invested over the next 25 years to meet surging energy demand and to offset the declining reserves of the world's major oil fields.
There is, however, a solution to the looming energy crisis--a solution that will encompass numerous energy technologies and practices. The blueprint for success will not only include alternative and renewable energy, but the economic harvesting of remaining and unconventional oil sources as well.
Within that blueprint for renewable energy and sustainable energy use lies the most profitable investments this century has to offer. These are the energy stocks and investment strategies that fully exploit the "New Energy Economy." And Energy and Capital's editors and researchers bring them to market each and every day.
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The forecast goes against thinking that slower global and U.S. economic growth will drag oil below $100, but any thing's possible these days, says Energy and Capital editor Ian Cooper. » Read more
Energy and Capital editor Keith Kohl focuses on the next generation of natural gas investments. » Read more
Energy and Capital editor Sam Hopkins reveals the companies setting the North Sea up for a new energy future. » Read more
Energy and Capital editor Chris Nelder reviews the carnage in the air travel industry, and sees a silver lining for rail investing » Read more
Energy & Capital editor Nick Hodge discusses the largest proposed rooftop solar installation in the U.S. and a slew of alternative energy investments. » Read more
Energy & Capital editor Nick Hodge discloses why, unlike Big Oil, the declining dollar is not hurting the solar and cleantech markets. » Read more