Dr. Robert Hirsch, senior advisor, Management Information Services Inc came today on CNBC with a $500 price tag for Oil. Here is the summary:
* Oil to reach $500 in the next 3 to 5 years.
* Oil production has reached a plateau and not much oil out there.
* Economists don't understand we are limited by geology. Harder to get oil out of the ground.
* Just to match demand, every year we need to produce NEW 3 to 4 million barrels. This needs to be done every year and it will get worse and worse.
* We need alternate liquid fuels and big push on conservation.
*Coal is a good alternative liquid fuel (That means keep adding coal stocks).
*But political push back in using coal.
CNBC video link here:
Some good coal stocks- Check their YTD performances
FDG - Fording Canadian Coal Trust
MEE - Massey Energy Company
JRCC - James River Coal Company
ACI - Arch Coal, Inc
BTU - Peabody Energy Corporation
Ten Economic Questions for 2025
5 hours ago
2 comments:
Hello !.
You may , probably very interested to know how one can make real money .
There is no need to invest much at first. You may commense to receive yields with as small sum of money as 20-100 dollars.
AimTrust is what you haven`t ever dreamt of such a chance to become rich
AimTrust incorporates an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.
It is based in Panama with offices everywhere: In USA, Canada, Cyprus.
Do you want to become a happy investor?
That`s your chance That`s what you wish in the long run!
I`m happy and lucky, I started to take up income with the help of this company,
and I invite you to do the same. If it gets down to select a proper companion utilizes your money in a right way - that`s the AimTrust!.
I earn US$2,000 per day, and my first deposit was 1 grand only!
It`s easy to start , just click this link http://pipyfizuz.wtcsites.com/ocybevir.html
and go! Let`s take this option together to get rid of nastiness of the life
Hi !.
You re, I guess , probably very interested to know how one can collect a huge starting capital .
There is no initial capital needed You may commense earning with as small sum of money as 20-100 dollars.
AimTrust is what you thought of all the time
AimTrust incorporates an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.
Its head office is in Panama with structures around the world.
Do you want to become a happy investor?
That`s your chance That`s what you really need!
I feel good, I began to get income with the help of this company,
and I invite you to do the same. It`s all about how to select a proper companion utilizes your savings in a right way - that`s AimTrust!.
I make 2G daily, and my first deposit was 1 grand only!
It`s easy to get involved , just click this link http://uhycatazyd.1accesshost.com/ohuxih.html
and go! Let`s take this option together to become rich
Post a Comment