An expanding global economy should push oil prices above $100/barrel this year, which could lift...

|By:, SA News Editor

An expanding global economy should push oil prices above $100/barrel this year, which could lift shares of oil and gas companies by 25-30% and help double the price of coal stocks, BlackRock's Daniel Rice says. The "holy grail" would be if scientists find a way to cut carbon emissions from burning coal - “It could mean billions and billions of profits" for coal companies.