Sunday, August 11, 2013

ENERGY EFFICIENCY


Retro sign Gas and Oil -

Charlie Munger, the outspoken octogenarian sidekick of Warren Buffett, recently called America's perceived obsession with energy independence silly, according to an article at Motley Fool.

Munger noted that the black gold "is absolutely certain to become incredibly short in supply and very high in price." Imported oil is not a villain. In fact, Munger claimed it's a friend. For more here's a link to Munger's comments. 

 http://www.fool.com/investing/general/2013/08/09/charlie-munger-on-our-crazy-obsession-with-energy.aspx
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