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The Market Direction…

Bye Bye Greedy Oil Companies… Your Days are Numbered 

October 1st, 2009

Normally, I reserve such media reports for Hillbent’s Cerebral Detours category, but I feel compelled to share this post in one of the Market Direction’s regular blog categories. This one shares a glimpse of a secular (I strongly emphasize secular for anyone lacking in reading comprehension skills or misintepreting this as a current theme) development and the implications are positively cataclysmic to the global capital markets.

Imagine the geopolitical, economic, and social repercussions due to a newly discovered cheap and inexhaustible supply of energy. Sounds great, right? Too good to be true? Who knows?

The skeptic in me ponders to what depths special interests groups will sink to suppress the commercial development of such a technology. But optimism far outweighs my doubts and sees hope of a brighter future, if not in my lifetime, then for our children.

Days are numbered for greedy oil companies and the military costs of protecting our national interests (which coincide with big oil’s commercial interests) in foreign sovereign locations throughout the world. Change is inevitable and one of the fascinating things about truly innovative technology is its destructive and creative potential impact upon foreign policies, trade agreements, domestic political platforms, and social behaviors and perceptions of others.

The technology displayed in this Fox News video (compliments of YouTube) below may not be the final solution to our independence from fossil fuels. However, it should clearly demonstrate the trajectory towards which our nation should be aiming its energy policy and exemplify the benefits of continually exploring and developing alternative energy technologies rather than subsisting on antiquated views of managing and deploying our natural resources.

I highly recommend viewing this 2 minute and 40 second video and encourage the exercise of mental extrapolation on the future world order. It may be just the sort of thing to lift one’s spirits in a dismal recession like the one in which we find ourselves these days. Enjoy…

 

 

 


 

 

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Hillbent.com, Inc. or its affiliates may own positions in the equities mentioned in our reports. We do not receive any compensation from any of the companies covered in our reports.

 

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