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
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