DuBoShi

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    • Fri Jun 20th 14:06 PM | Rating: 0 0
      Commented on:
      Quanta Services: Piggybacking on the Alternative Energy Boom
      I have to agree with the author. I did some digging around as well. To say that it's instrumental for the AE sector is the same as suggesting donkeys are instrumental to worldwide shipping. There are plenty of other companies doing the same thing. It's not the only that will benefit to a very small extent within the next DECADE. For now, this company is showing poor growth even compared to many competitors and I don't have the greatest confidence in the present management either. I went short on this one two days ago for exactly the same reason as described above.
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    • Mon Jun 16th 06:07 AM | Rating: 0 0
      Commented on:
      What's the Real Story With the Price of Crude Oil?
      Living in China I see many factors that economists and analysts are failing to quantify. They recklessly predict the rise in oil consumption based on American models. When the American economy booms, Americans squander. By contrast, people in most Asian countries respect and value the little things. This attitude was born of necessity. When you have little, you just can't afford to waste like an American. When production goes up in one country and with it the economy and the average income of its citizenry, one could possibly quantify at what cost in oil consumption this comes in at. This rates differ for different countries. In the U.S., for example, if unemployment rates decline, personal consumption of oil goes up, as more people are traveling to work by car and allow themselves more and more luxuries or waste, depending on how one looks at it.
      Here are some things that one can see in China: People are recycling anything possible on a grassroots level. They don't throw things away if it still works or if it's fixable. I see taxi drivers queued up and when one gets a fare, all the drivers behind him PUSH their cars one spot up. People turn off their engines at stoplights when there is a long wait at a red light. (Incidentally, lots of people also drive around with their headlights turned off at night to save even that tiny bit of energy - not necessarily a good idea.) In their homes most people don't have heating in winter - they wear more clothes instead. Heating is available, but at a high relative cost. Even though the rate of people driving is on the increase, train, bus, and bicycle traffic are all flourishing. Buses usually don't leave for their destination until every seat has been sold for longer trips. These are inconveniences perhaps but it's the norm. It's this kind of mentality, yes, as SOCIALIST as it is, that is better for almost all people.
      When I have bottled water delivered, it arrives by bicycle. When I have gas delivered, it arrives by bicycle. In other countries, people would snub their nose at such ideas, but mostly they have never understood the need - they are too busy keeping themselves happy rather than trying to think how everything they do affects everyone else.
      Here the roofs are also covered by solar hot water heaters. People unplug their TV (when they have one), so that tiny little light that some TVs have won't use power. These are things most North Americans would never even bother with, but the whole point is this. It's all about attitude and approach. Whatever energy you're using, whether for heating, driving, or to power your toys at home, or having all the lights on in your home at the same time, is costing not only you, but everyone in your country and the world as you're cutting into the supply of the world. It doesn't matter how much oil is still in the ground, I think everyone can agree that it is being used much faster than the earth can replenish it.

      I sincerely hope that oil prices can maintain their current levels or even go up, so that all the alternative energy sectors have a chance to plant firm roots and become part of everyone's daily life to such an extent that they will be considered the norm.
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