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.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.