Monday, April 23, 2007

Metabolix (MBLX)

As a chemist, I am well aware of the true costs of high crude oil products. Sure, we rely on oil and natural gas for energy, but did you know that the chemicals found in crude oil are the building blocks for which the entire chemical industry is based? These building blocks are linked together in chains to form all types of platics.

Just take a look around and see how much of the modern world is made from plastic. When crude oil prices go up, so do the costs of making those plastic products. Obviously, there needs to be an alternative, and one such alternative just showed up on my stock screen.

I don't have the time to fully explain the company right now, but read this little story on Metabolix (MBLX). It is very interesting and could be a HUGE winner, especially if the price of oil remains high.

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