Two small-cap energy companies to buy now

The solution to the energy crisis lies as much with reducing consumption as it does with finding new sources. Tom Bulford investigates the energy-saving sector and picks two small companies to buy now.

Oil continues to be the most exciting market of 2009. Despite a substantial bout of profit-taking in the last couple of days, the up-trend resumed. For me, innovative penny shares are the way to turn oil's bull market into potentially extraordinary profits.

You know, the solution to the looming energy crisis lies as much with reducing our need for it as it does with finding new sources. According to the Energy Saving Trust around £8.5bn of energy is wasted in the UK every year. And, compared with the massive technical and political challenge of finding new energy resources, it is a whole lot easier to go around turning off light-bulbs and walking to work instead of taking the car.

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