Michael1942's Blog

I have a list of stocks posted on my webpage from  the stock exchange. While I am  a small (very small) investor, I like to look at what the market does. I have never achieved any financial windfalls with my investments but with the listings I have set up to watch the market, I have seen several “trends”. The oil companies in spite of the changes in supply have steadily gained or maintained value. There are other items that rise and fall regularly but oil remains steady. I have listed food companies, banks, IT companies and even these income producers pale in comparison to the oil company’s steady growth in spite of the world economies that have and are still suffering major upward and downward shifts. This is not to say that if I had the funds , I would drop a lot of money into oil but it certainly is tempting. Looking at this information which is available to anyone who takes 10 minutes to look it up, one can see why we are still oil dependent even with the advent of energy efficient cars. What ever happened to energy efficient rotary engine? The forward thinking ideas of  anyone could have advantages by expediting the use of more efficient gas engines, it has been postulated that big businesses  rely on our use of oil in great quantities yet no one has truly made an efficient engine as imagined possible. There is no real blame to be placed in all of this except our unwillingness to accept austerity at the price tag that is placed on it. An example is Television, TV sets which are now as common as dirt used to be for the very wealthy, now nearly every household has at least one. Even the common refrigerator (again initially not in every household) has moved into energy efficiency and in the relative price range of the initial  self contained units. We are willing to pay for now common household items being energy efficient but not for our primary modes of transportation  and at the same time  blaming the fuel producers for the cost of transportation.