Saturday, April 2, 2011

Energy Economics

As part of my ongoing interest in oil & gas exploration & production, I have also become more broadly interested in energy: its sources and uses.

I think most investors don't understand the flow of energy through the economy (which is really an ecosystem). Economic systems are for turning sunlight and nutrients into human biomass or, stated another way, for helping sets of human genes uses nutrients and sunlight to make additional copies of human genes,

These investors are wooly thinkers and get distracted by things like casino operations and the latest social networking scam. It is all to be expected in the late stages of a centuries-long bull market.

Anyway, I've made a list of a few interesting books on the topic:
Economics of the Energy Industries: Second Edition
Energy Economics: A Modern Introduction
Energy Trading and Investing: Trading, Risk Management and Structuring Deals in the Energy Market

1 comment:

whydibuy said...

Hey, wheres tommy demark, or should I say deidiot,lol.

He promised us a plunge in jan, then feb and finally march was going to be a perfect storm biggie. Wah happened, tommy boy?