Alaron energy report 10/1/05

View from the market:

“The future is now according to The Financial Times. They report, “Hydrogen powered future of the car industry came a step closer yesterday when Ford Motor announced the first commercial sale of a hydrogen vehicle and General Motors unveiled a break through in fuel cells using gas”. This GM car can go 300 miles before needing a fill up and Ford sold a fleet of minibuses powered by hydrogen. Even with these steps forward, we can’t afford to sit idly by. Time to get serious about securing our energy needs for the future.”

Alaron