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Alternative Energy Investments: Three Scenarios For Clean Energy
When oil prices moved to over $30 a barrel in the mid 1980s, it was considered a significant event.
It also signaled the birth of small ethanol companies in the Midwest. Many of them managed to hang around long enough to get a second wind when Iraq’s invasion of Kuwait and the ensuing Gulf War pushed oil prices past $40.
But the renewed interest in ethanol proved to be short-lived, as oil retreated below $20 a barrel just four months later. As a result, many of those smaller ethanol companies couldn’t survive as profitable alternative energy investments.
Flash forward to today, where we’ve…
30Jun2009 | Investment U | 0 comments | Continued
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