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Message   Mark Hofmann    Arelor   Re: Midterms   August 17, 2022
 8:09 AM *  

A> I agree it does not make much sense to place solar if your goal is to save
A> money. You
A> can bank on the fact that the price of power is bound to rise (which is
A> not an unreasonable gamble) but such numbers are speculation.

Historically, energy prices are cyclical and go up/down depending on
supply/demand and economic factors.  Back in the 90s, I was paying more for
natural gas than I am now - even with the current prices being twice what I was
paying last year.  

That is why energy stocks are not a great "buy and hold".  They go up, they go
down, and the cycle repeats over and over.  They are currently near historic
highs but we have seen this before and I'm sure it won't last forever.  Once you
get more supply and or less demand, those prices will drop.  Oil inventories are
already starting to build.

Since I can't build my own nuclear power plant or dam, I'll just keep finding
the cheapest power sources and sign up for those.  

- Mark

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