The following is a rebuttal comment made by Walkerig1 ( http://news.cnet.com/8618-17938_105-57562092.html?assetTypeId=12&messageId=13482599 ). It contains some pretty powerful analysis and links that (in my opinion) provide strong evidence of that big shift in the energy market linked to the imminent emergence of LENR onto the energy market.
“I could literally fill this post with links, it is well known in the Oil industry that the major players are on a divestment and diversification strategy. Many are giving various excuses, but when you check them they do not pan out. We are shifting to US based fields is a common one, but when you look they have bought options to consider buying or leases rather than the asset.
That is key no buying only renting. You rent assets when the asset value is about to take a hit.
Shell has been on a massive divestment strategy on its oil field assets, from Africa to the Far East for the last 12 months, or since Rossi did his first demonstration this time last year.
Other Fossil Fuel companies on a divestment strategy are BP who are selling their stakes in fields in the North Sea, Russia, the Arctic and the Gulf to name but a few and not even batting an eyelid about being refused license to buy future assets in the Gulf.
Even the pipeline parts and refinery companies are joining the rush to divest the fossil fuel business.
Do a Google search for any oil company and the phrase “Oil field” and the words divest or sell.
Some are trying to cover their strategy and the risk by divesting half of the asset others are just cashing in their chips.
This year has been an Oil Field Night of the Long Knives as all the major players have been dumping these soon to be seriously downgraded assets.
The price per barrel dropped 20+ dollars since May.
I expect the real drop to be when the 60 day and 30 Day options on the price per barrel get shorted when the Rossi announcement is about to be made. I expect the price per barrel will drop below 70. Then it will resurge as people realize LENR will not happen overnight. Then Oil and other fossil fuels will go into a long decline with investors on a business decline strategy making money out of the asset stripping and running the oil fields into the ground. Natural Gas will be the longest lived of the Fossil Fuel assets.
Coal might die out out in as little a year and a half as converting coal power plants to use Rossi’s Hot Cat or other LENR tech will be very easy. Oil will be next. Converting all power plants could take a 5 to 7 years but the fact that President Obama changed the Law to allow Combined Heat and Power means that many plants will end up being scrapped before they can convert, as faster cheaper more nimble competitors will create power plants on customers door steps, that provide power at a tenth but theoretically at up to one thousandth of the cost.
Buckle in people it is about to get real bumpy!”
The most common alternative explanation of the big shift in the energy market (that I hope you accept as happening) is fracking and the abundance of natural gas. It is common to explain any know phenomena using a known and accepted narrative (for instance explaining a recent downturn in the stock market as being because of the “fiscal cliff debate”). Yet, when I watch the news I don’t see upward movement of the stock market ever being cited as counter-evidence of that explanation. What I am trying to say is that the known big shift in the energy market can (in my opinion) be more easily and completely explained as the imminent emergence of LENR, than for any other explanation (like “shifting to US based fields”).