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I won a science fair at age 12 by making a "perpetual motion" machine. It really didn't do very much, but was kind of cool.
It used ions in a closed container, running them through a charged screen between magnets. Since the charge was constantly changing, the ions repeatedly moved between the magnets.
By putting a simple drive shaft mechanism through the center, I could light a (very) low-wattage bulb... or at least make it flicker.
In fact, I called it a "flicker tickler." OK, remember, I was only 12.
Last week, my experiment was brought back to mind by the release of an intriguing report.
We may be looking at a huge advance in energy technology here, with massive implications for your energy holdings.
See, the continued improvements in renewable energy sources like solar and wind have ushered in a serious conversation about what the energy balance will look like in the future.
As I've said, this isn't about any one "silver bullet" that will replace all energy sources. It's not even about the death of hydrocarbons.
It's about a single technology that will make energy sources - wind, solar, oil, gas, etc. - interchangeable...
About the Author
Dr. Kent Moors is an internationally recognized expert in oil and natural gas policy, risk assessment, and emerging market economic development. He serves as an advisor to many U.S. governors and foreign governments. Kent details his latest global travels in his free Oil & Energy Investor e-letter. He makes specific investment recommendations in his newsletter, the Energy Advantage. For more active investors, he issues shorter-term trades in his Energy Inner Circle.
Dr Kent, Has the anticipated 93B oil investment gone somewhere else?