If you think oil prices are too high now, at $100 a barrel, it's time to adjust your thinking. Truth be told, I don't think we'll see sub-$100-a-barrel oil ever again.
That's not great news for U.S. consumers ... but it could be great news for U.S. investors, because this new era of always-high oil prices is going to open the door for liquefied natural gas (LNG). Investors who accept this new oil-price reality, and position themselves accordingly, can settle back and enjoy the ride: As oil prices soar, expect LNG prices to zoom in tandem.
Thursday, April 21, 2011
The Case For Liquified Natural Gas; and, Oil Won't Go Below $100 Again -- SeekingAlpha
Link here.
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