Domestic Development Company
An Innovative Oil & Gas Production Company
Invest In Oil Today: Alternative Energy Is Still Far Off
by DDC on JUNE 9, 2011
The reality of the energy market is that investing in oil and other carbon
based fuels will remain very...
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Domestic Development Company
An Innovative Oil & Gas Production Company
Invest In Oil Today: Alternative Energy Is Still Far Off
by DDC on JUNE 9, 2011
The reality of the energy market is that investing in oil and other carbon
based fuels will remain very profitable for decades to come.
With roughly
70% of each barrel of oil being used for our domestic transportation needs,
we can begin to scratch the surface of the enormous complexities a new
energy source will bring.
Is it possible to develop an alternative energy source
that will power all our transportation needs?
We would all love to see a
world powered by renewable
energy sources, but is it really
possible today? Over many
years and with the right
planning, we will develop
intermittent renewables
without storage.
At some
point, however, we’ll need to
develop both short-term and
long-term storage
technologies to help stabilize
the grid.
Storage is often seen
as the “Holy Grail” of
technologies for integrating wind, solar and o
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