(Provided by Steven Nameroff - Monday, February 09, 2015)
So now the quandary arises, oil is fast becoming more expensive to extract than its value. Investors are feeling the ropes tighten on their profits. The article above depicts what is going on under the ground with regard to fossil fuels, but when you are at the mercy of Mother Nature and experience a power outage, will your business be able to survive?
Within the next 20 years, it is estimated that about $40 trillion will be invested in the energy sector.
Global inventories of oil are dropping radically as the price of oil falls below $50 per barrel. Renewable Energy continues to make its mark on investors and users. Clean or green technology has become more than just a wish; it is fast becoming a requirement.
Hydrocarbons found in the earth’s crust equate to about 12,000 gigatonnes. The cheaper oils are usually found in Ghawar field in Saudi Arabia and have surpassed the peak of production, and they may continue to produce but at a decreased output level.
Areas outside the Gulf are more expensive and drilling
The exploration for oil lost $930 billion last year in comparison
As you review the amount of $70 trillion earmarked for investment in energy, the question is asked if oil and gas are safe investments. Returns fell at least 20% in 2008. Oil investments are termed now as a somewhat risky proposition.
Because of increasing temperatures globally wide, of the 12,000 gigatonnes of reserves, about 900 will be useful. As a long-term investment fossil fuels have lost their appeal to the investor.
For the retirement fund investors, wind and solar are becoming more attractive. Battery storage and smart grid technologies are also finding their way to the list of safe investments.
Long term investors are experiencing an evolution in the practice of energy investments. Learn more by visiting Recharge News.
Having a standby power generator can take the guesswork out of your emergency plan. Your inventory will be safe, and your doors can open while the outage wreaks havoc with businesses around you.
Our specialists can help you decide which generator will best meet your needs and will be available for installation and maintenance.
So now the quandary arises, oil is fast becoming more expensive to extract than its value. Investors are feeling the ropes tighten on their profits.
The article above depicts what is going on under the ground with regard to fossil fuels, but when you are at the mercy of Mother Nature and experience a power outage, will your business be able to survive?
Power Plus! is a leading provider of reliable non-radioactive power generators across the United States and Canada.
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