Comments on: Sky High Oil Is The Business Opportunity Of The Decade http://www.businessopportunitiesandideas.com/768/sky-high-oil-is-the-business-opportunity-of-the-decade Inspiration, ideas and opportunities for your business! Wed, 17 Mar 2010 12:58:50 +0000 http://wordpress.org/?v=2.8.5 hourly 1 By: John http://www.businessopportunitiesandideas.com/768/sky-high-oil-is-the-business-opportunity-of-the-decade/comment-page-1#comment-24426 John Thu, 25 Sep 2008 09:13:21 +0000 http://www.businessopportunitiesandideas.com/768/sky-high-oil-is-the-business-opportunity-of-the-decade#comment-24426 Mark, I suspect that there's a good number of business opportunities out there for someone like you. Why not join the forum (see link above) and we'll discuss some. Mark,

I suspect that there’s a good number of business opportunities out there for someone like you. Why not join the forum (see link above) and we’ll discuss some.

]]> By: Mark Balogun http://www.businessopportunitiesandideas.com/768/sky-high-oil-is-the-business-opportunity-of-the-decade/comment-page-1#comment-24380 Mark Balogun Wed, 24 Sep 2008 19:45:41 +0000 http://www.businessopportunitiesandideas.com/768/sky-high-oil-is-the-business-opportunity-of-the-decade#comment-24380 What business can an individual who is interested alternative energy in buildings do? I am trained as an architect and I live in England. I have an entrepreneurial mind and I see lots of potential in developing nations with hot climates. What business can an individual who is interested alternative energy in buildings do? I am trained as an architect and I live in England. I have an entrepreneurial mind and I see lots of potential in developing nations with hot climates.

]]> By: Jeffrey http://www.businessopportunitiesandideas.com/768/sky-high-oil-is-the-business-opportunity-of-the-decade/comment-page-1#comment-17808 Jeffrey Tue, 24 Jun 2008 17:49:03 +0000 http://www.businessopportunitiesandideas.com/768/sky-high-oil-is-the-business-opportunity-of-the-decade#comment-17808 Most people underestimate the potential ramifications if oil remains at these high prices. John's food example is exactly right - fertilizers and pesticides rely on oil, as do the more obvious things like tractors and transportation. I think there will be a general redeployment of resources as energy becomes more expensive. For example, as ethanol becomes more common, corn prices will rise and food shortages will be exacerbated. Savvy investors need to be aware of the whole picture, not just the oil market itself. Most people underestimate the potential ramifications if oil remains at these high prices. John’s food example is exactly right – fertilizers and pesticides rely on oil, as do the more obvious things like tractors and transportation.

I think there will be a general redeployment of resources as energy becomes more expensive. For example, as ethanol becomes more common, corn prices will rise and food shortages will be exacerbated. Savvy investors need to be aware of the whole picture, not just the oil market itself.

]]> By: Susan http://www.businessopportunitiesandideas.com/768/sky-high-oil-is-the-business-opportunity-of-the-decade/comment-page-1#comment-17806 Susan Tue, 24 Jun 2008 16:53:20 +0000 http://www.businessopportunitiesandideas.com/768/sky-high-oil-is-the-business-opportunity-of-the-decade#comment-17806 I really think you've hit the nail on the head here, John. Alternative energy sources are definitely going to be the next big thing. The technologies are already there but were comparatively too expensive to be put into play. Now though alternative sources can become profitable businesses. I really think you’ve hit the nail on the head here, John. Alternative energy sources are definitely going to be the next big thing. The technologies are already there but were comparatively too expensive to be put into play. Now though alternative sources can become profitable businesses.

]]> By: John http://www.businessopportunitiesandideas.com/768/sky-high-oil-is-the-business-opportunity-of-the-decade/comment-page-1#comment-17698 John Sat, 21 Jun 2008 09:46:36 +0000 http://www.businessopportunitiesandideas.com/768/sky-high-oil-is-the-business-opportunity-of-the-decade#comment-17698 Permjot, Is 10-20 years not long term? ;-) You're right it's not that high when you adjust for inflation and compare to the past - but lets face it people are comparing with 6 months ago, which makes petrol seem to have suddenly risen in price. More importantly however I can see it rapidly reaching $200 a barrel - and the price of oil is a contributor to the price of food. As I understand things GM foods could ease the problem with the supply of food - but we're (the western world) reluctant to push for more use. Permjot,

Is 10-20 years not long term? ;-)

You’re right it’s not that high when you adjust for inflation and compare to the past – but lets face it people are comparing with 6 months ago, which makes petrol seem to have suddenly risen in price.

More importantly however I can see it rapidly reaching $200 a barrel – and the price of oil is a contributor to the price of food.

As I understand things GM foods could ease the problem with the supply of food – but we’re (the western world) reluctant to push for more use.

]]> By: permjot http://www.businessopportunitiesandideas.com/768/sky-high-oil-is-the-business-opportunity-of-the-decade/comment-page-1#comment-17694 permjot Sat, 21 Jun 2008 08:34:55 +0000 http://www.businessopportunitiesandideas.com/768/sky-high-oil-is-the-business-opportunity-of-the-decade#comment-17694 I am currently working for a Fund management company (Guinness Asset Management) which is involved in alternative energy and global energy. I like your analogy with the Internet, but I think the difference is going to be the timescale. In my humble opinion, fortunes are there to be made, but it will take time and it will be a bumpy ride. I think this is an area only suitable for long term investors who are really aware of the risks. The increase in demand for energy is real and big. The IEA (International Energy Agency estimates that by 2030 China will need the equivalent of the entire current US energy output - just to meet the increase in demand. India and other economies are increasing their demand too. And at the same time the supply of oil is finite. But in terms of the price of oil - it really is not that high! Adjusted for inflation the price of Oil from the peak of the 1970's would be at c. $120 a barrel. If you make further adjustments in terms of spend of GDP - the price of oil needs to get to around $156 a barrel before it really has peaked. This explains why we have managed to cope relatively well with a doubling of the price in the last six months. The real challenge facing the world today is food prices - I think there lies an opportunity! I am currently working for a Fund management company (Guinness Asset Management) which is involved in alternative energy and global energy. I like your analogy with the Internet, but I think the difference is going to be the timescale. In my humble opinion, fortunes are there to be made, but it will take time and it will be a bumpy ride. I think this is an area only suitable for long term investors who are really aware of the risks.

The increase in demand for energy is real and big. The IEA (International Energy Agency estimates that by 2030 China will need the equivalent of the entire current US energy output – just to meet the increase in demand.

India and other economies are increasing their demand too. And at the same time the supply of oil is finite.

But in terms of the price of oil – it really is not that high! Adjusted for inflation the price of Oil from the peak of the 1970’s would be at c. $120 a barrel. If you make further adjustments in terms of spend of GDP – the price of oil needs to get to around $156 a barrel before it really has peaked. This explains why we have managed to cope relatively well with a doubling of the price in the last six months.

The real challenge facing the world today is food prices – I think there lies an opportunity!

]]> By: Lindsay http://www.businessopportunitiesandideas.com/768/sky-high-oil-is-the-business-opportunity-of-the-decade/comment-page-1#comment-17296 Lindsay Tue, 17 Jun 2008 11:53:45 +0000 http://www.businessopportunitiesandideas.com/768/sky-high-oil-is-the-business-opportunity-of-the-decade#comment-17296 You are absolutely right. Currently, here in Australia, we have a public company buying up every suburban bike shop it can get its hands on. You are absolutely right.
Currently, here in Australia, we have a public company buying up every suburban bike shop it can get its hands on.

]]> By: Simon http://www.businessopportunitiesandideas.com/768/sky-high-oil-is-the-business-opportunity-of-the-decade/comment-page-1#comment-17265 Simon Mon, 16 Jun 2008 18:21:04 +0000 http://www.businessopportunitiesandideas.com/768/sky-high-oil-is-the-business-opportunity-of-the-decade#comment-17265 You're absolutely right; this is a huge opportunity for both companies and individuals. The IEA (International Energy Authority) recently estimated that the world needs to invest $45 trillion in energy production between now and 2050 to deal with global warming. That’s over £500 billion per year, which is a lot of opportunity. You’re absolutely right; this is a huge opportunity for both companies and individuals.

The IEA (International Energy Authority) recently estimated that the world needs to invest $45 trillion in energy production between now and 2050 to deal with global warming. That’s over £500 billion per year, which is a lot of opportunity.

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