What Does the California Supercapacitor Mean for Oil Stocks?

Last week, 18-year-old Californian high school student Esha Khare changed the world, taking the prize in an Intel science fair competition with an invention that could revolutionize the energy industry. Her new "supercapacitor" promises to dramatically improve how batteries work in everything from cell phones to tablet computers to automobiles.

But what would the invention of a near-instantaneously recharging car battery mean for oil stocks? Might they become irrelevant or at least redundant in a world that begins running more on electricity and less on dinosaur jelly?

Listen in as Fool contributor Rich Smith discusses the possibilities.

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The article What Does the California Supercapacitor Mean for Oil Stocks? originally appeared on Fool.com.

Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool recommends Chevron. It recommends and owns shares of Intel. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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