BP Volcom Whole Foods drop like bombs

BP had their pipes corrode. Although they are more environmentally conscious than other petroleum groups, they have a darker side. They have also been linked to price fixing.

Volcom ( VLCM ) dipped $10 or 30% down to their IPO price recently. News reports blame Wachovia Downgrades and a PACSUN dismal outlook. On my September '05 blog I wrote Wachovia, the underwriter, would pull the rug out as they sold off their interest (opinion). I though it would happen sooner. Volcom is still really cool gear.


Whole Foods
(WFMI) also took a smashing lately as the very high valuation (P/E > 60) is lowered to a still very high valuation (P/E=40). EPS is $1.20 and growth is estimated at 29% per quarter which suggests a reasonable P/E soon.

An oil services company that makes money from fixing pipelines and shutting down old ones is Tetra Technologies (TTI)


The Tungragua Volcano Erupted in Ecuador recently. I was there a while ago, and hope the country returns to normal.


Biodiesel Is Bad Too Blog
says:
1. Biodiesel from algae may be feasible... but not from Soy or Rapeseed which require water/space/and fossil fuel. We can't supply our national fuel need without making food costs higher .
2. Biodiesel causes tropical nations to destroy forest to plant palm oil plantations reducing biodiversity and Orangatang Homes

So Now I am looking to Nuclear and Batteries which also have extreme problems.

What should be the transportation fuel of the future?