DISQUS

10668844 · 2 years ago

I believe, 100% that we need to find sustainable energy sources. I believe 100% that we already have the technology available in the form of solar, wind, geothermal and hydro/tidal.

That being said, the oil industry is not going to roll over and play dead anytime soon. A technology that enables the industry to extract more oil for already existing facilities is not a bad thing, in fact, I think it is a good investment.

Ben Kuo · 2 years ago

Matt - we uncovered this last week, as I'm sure you're aware. I'm trying to attribute anything we pick up from you, appreciate the same consideration:

http://www.silicontap.com/kleiner_perkins_funds...

Matt Marshall · 2 years ago

Hey Ben, sorry about that. Congrats. I've seen this in several places, and no one seems to site the source. It's hard to tell because you don't cite a source either. You weren't the place I first read it.

OilGasFutures.Com · 2 years ago

"Exploration" is great and much needed --we like to focus directly on "Developmental" properties ie already proven properties. These types of properties can directly help our energy crunch and can also more directly profit those who invest in them---separately we also assist individuals in the futures markets which are a great way to speculate and hedge energy postions/investments----also one hugely overlooked aspect of the "developmental" properties that we engage in are the tax-breaks that are unique to them--- an Individual Investor can literally write-off 70% of their one time investment in the first year---this is a huge incentive the us govt is giving investors to help get us off foreign oil --this break has been called "the most advantageous single-year tax advantaged-investment in existence" by tax expert Jeffrey Schnepper of msn/cnn money---anyway these are great invetments that help the country----it's nice to see money going into excellent ideas like glorioil, terralliance and dynapump everything that can be done is needed --pk