In 2000 when Oil jumped 40% from the previous year Warren Buffett predicted the whole oil industry would be in real trouble by 2025 because of greed, he said artificially high oil and gasoline prices will force people to drive smaller and eventually electric automobiles, In an interview Buffett said he cringed when he saw what it cost to fill up his 1997 gas guzzling Cadillac. "I like a big car, I'm old fashioned, I feel safe and it's the American way" says Buffett. "but I also know the average american can't waste money on gas for a large car"
Of course a few years later Buffett would make billions on electric automobile's, solar and wind power.
As for turning Alberta into another Silicon Valley for high-tech innovation or equivalent?
Seriously, no offence to our home but Alberta is no California and never will be, Alberta's economy was built on Oil and it'll die on Oil. why? because it's cold,dry, has no ocean and is too far away from the major population centers.
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