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Is it time to invest in energy?
Is it time to invest in energy?Thoughts please.
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While I do expect the price of crude to go back above $60 per barrel, which should pull the oil companies out of the Doldrums, the timing of this is dependent on so many factors. |
I personally think now would be a very good time. If you are looking longer term. Yes things look good for the long run supply on oil but that can change (and likely will change) in the blink of an eye with the volatility over seas. The Iran deal will free up supply for now but I just can't see that being a long term stable source. There's very little down side risk IMO.
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Newbie here but I'll weigh in. "Energy" is a pretty broad sector but if you're thinking oil, I think it's headed lower for awhile longer. Saudi's haven't hinted at cutting production. Iran is coming on line. US production still is high. Supposedly there's a storage capacity problem. Seems it will be hard for the price to stay supported with so many forces digging away at it. Even so, some of the global 'name' oil/gas companies are paying dividends in excess of 6%. That's pretty hard to resist.
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who knows about the future for energy prices. Right now we are in a global slowdown and commodity prices are at 15 year lows.
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Should check the solar community just outside the villages, in lady lake on Lake Ella road, all solar my total bill for the last 10 months was just at $300, total for 10 months have 28 panels on the roof
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Should check the solar community just outside the villages, in lady lake on Lake Ella road, all solar my total bill for the last 10 months was just at $300, total for 10 months have 28 panels on the roof Edit/Delete Message Reply With Quote Multi-Quote This Message Quick reply to this message |
for solar
Google will now help you get solar on your roof [read this] Google will now help you get solar on your roof - Fortune go here to see Project Sunroof https://www.google.com/get/sunroof#p=0 I know we are hot but it seems like it's cloudy too. At the risk of looking foolish, is TV a great place for solar photovoltaic panels. How quick is the payback? The google site, so far, only works in a couple of places. Can you imagine what your house would be worth if the electricity was free? |
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With the price of oil and nat. gas so low, especially now wouldn't it be better to wait on solar and put money into energy stocks?
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In Ohio, they are building wind farms.
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