There’s an Energy Tsunami Coming
Jul 17th, 2008 | By Byron King | Category: Featured, Financial News“There’s an energy tsunami coming, and when you see it coming you better get on top of the wave, or you’re going to get crushed by it.”
These are the words of retired Marine General James Jones, the president of 21st Century Energy, the group behind the recent open letter by 27 U.S. political elders to both presidential candidates and every member of Congress saying the U.S. faces “a long-term energy crisis.”
There’s two ways of looking at it. Oil-rich nations are getting rich at the expense of the U.S. thanks to sky-high crude oil prices, says energy investing expert Byron King.