Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

boston bean

(36,186 posts)
Thu Dec 22, 2011, 10:52 AM Dec 2011

Peak Oil Is Here, Energy Stocks Will Soar In 2012

With the current tumultuous events in the Middle East bringing attention to the mounting energy requirements of the emerging economies, in addition to the burgeoning necessities of the recovering developed economies, the fact that demand is outstripping supply appears to be blatantly obvious. All the easy oil and gas has been discovered, recovered, depleted and expended. We are now left with on shore 'fracking' and deep sea drilling which are much more expensive endeavors, ultimately driving the price of a barrel of oil sky-high sooner rather than later. Wake up! Peak Oil is here and oil & gas stocks will soar in 2012.

There is no disputing this scenario. The emerging markets of the globe are just beginning to demand their fair share on top of many other factors. Think of this fact, even with the sad state of the current global economy, we are at $100 a barrel oil. What do you think is going to occur when the economies of the world begin to recover and emerging markets gain viable traction? You can kiss $100 a barrel oil goodbye forever. Please review the current oil & gas market highlights and major oil & gas catalysts followed by a review of seven energy plays for 2012 well positioned to take advantage of the coming oil shortage.

http://seekingalpha.com/article/315482-peak-oil-is-here-energy-stocks-will-soar-in-2012

2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Peak Oil Is Here, Energy Stocks Will Soar In 2012 (Original Post) boston bean Dec 2011 OP
Great post! yardwork Dec 2011 #1
You see we're taking part in the discussion Hutzpa Dec 2011 #2

Hutzpa

(11,461 posts)
2. You see we're taking part in the discussion
Thu Dec 22, 2011, 01:06 PM
Dec 2011

isn't this enlightening, you posted two paragraphs which I read and then clicked on your
link to get more information on the topic.

You can kiss $100 a barrel oil goodbye forever. Please review the current oil & gas market highlights and major oil & gas catalysts followed by a review of seven energy plays for 2012 well positioned to take advantage of the coming oil shortage.


Based on that analysis, I'm hoping that the world will then be prepared for renewable energy, solar energy, etc using supply and demand to fear people into raising the price of oil/gas is
not the way forward.
Latest Discussions»Retired Forums»Peak Oil»Peak Oil Is Here, Energy ...