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


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.

Comments (2)
  • Wall St. Cheat Sheet
    , contributor
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    They don't call something the Holy Grail for nothing. It's a myth.
    6 Jan 2011, 10:10 AM Reply Like
  • Poor Texan
    , contributor
    Comments (3527) | Send Message
     
    "The "holy grail" would be if scientists find a way to cut carbon emissions from burning coal "

     

    Do China and India rely on the holy grail?
    6 Jan 2011, 07:04 PM Reply Like
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