Ahab Shorts the Market
Imagine owning warehouses full of second rate bootleg hooch at the very moment Prohibition is repealed.
Imagine still owning a buggy whip factory.
Imagine possessing billions of gallons of oil, just as renewable energy sources begin chopping major chunks out of your market share. Watching as the worth of your reserves decreases day after day after day.
With every advance by alternative energy industries, the potential price of the world’s oil reserves decreases.
