LowPlainsDrifter
Senior Don Juan
All the talk on the business news stations is that oil and gas might get considerably lower.
Worldwide demand has to pick up at some point - people keep cranking out more people. Those people want to drive cars, use plastics, etc.
Fully replacing non-renewable fossil fuels with renewables is going to take a while... and I think that timeframe will stretch out even further - I think $150/barrel oil and $4.50 a gallon gas gave alternatives urgency that has greatly diminished.
I think oil and gas are due for at least one more big run-up. So how does one profit from that?
Dividend paying oil-company stocks? Energy ETFs?
Worldwide demand has to pick up at some point - people keep cranking out more people. Those people want to drive cars, use plastics, etc.
Fully replacing non-renewable fossil fuels with renewables is going to take a while... and I think that timeframe will stretch out even further - I think $150/barrel oil and $4.50 a gallon gas gave alternatives urgency that has greatly diminished.
I think oil and gas are due for at least one more big run-up. So how does one profit from that?
Dividend paying oil-company stocks? Energy ETFs?