Opti Canada’s Future hinged on Oil Sands Performance

Opti Canada Inc. needs to show some progress at its underperforming oil sands project if its shares – down a hefty 93 per cent over the past year – are going to recover lost ground.

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Norris Hall

Forget about oil. .

Not only is it becoming increasing more difficult to find oil, forcing us to spend more to drill further and deeper, it is an economically unreliable energy source ..subject to price manipulation by oil cartels, commodities speculators and energy companies.

Currently the world’s energy is derived from either oil, natural gas, coal, nuclear, solar, hydroelectric, wind or geothermal.

Here are, what I think, the qualities we should require of the ideal energy source for the next 1000 years.

Whatever it is should be….

1. unlimited-one that will NEVER “run out”
2. universal-so abundant that all countries will have access to it and not just a few lucky countries who can hold the rest of the world “hostage”
3. cheap-an energy source that even the poorest of people will have easy access to.
4. clean-any future energy source should not contribute to a worsening of our environment
5.consumer empowered-an energy source that will free people from dependence on third parties like utility companies to set the price and of delivery.

Oil doesn’t make it on any one of the five points.

This is the 21st century. The internal combustion engine is over 100 years old. Time to move into the future

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