Oil VC
Will rocketing oil prices herald the beginning of the end for big oil? Will the fact that ordinary folk in the US start feeling pain at the pump engender a bias toward more efficient engines? Will a new set of energy competitors challenge today's dominant oil players? DSBPI came across the ChevronTexaco VC website today. A corporate VC focused on investing in energy innovation. Imagine if big railroad had thought of that in the 19th century. Maybe JetBlue would be owned by JP Morgan.
posted by Danger at 2:58 PM
2 Comments:
Big Railroad would have gone broke with the abysmal performance of airline equity (with a tiny handful of exceptions) over the past 50 years. There's a reason Buffett has stated that any capitalist at Kitty Hawk should have shot the Wright Brothers out of the sky.
3:48 PM
Yeah, I tried to mitigate that by saying "JetBlue" -- but so it goes.
4:12 PM
Post a Comment
<< Home