phillips49

Natural Gas & Wind Power - The Pickens Plan

Capgain

Well said and not all overstated. It took $4.00 gas for people to start asking questions.We can find all kinds of reasons to do nothing, but if we don't take care of our business, we'll be out of business. At the end of the day, it really is everyman for himself and no one out there will really care whether we sit in the warm light or the cold dark. Many would just as soon see us fall (after they have all of our money). It has not dawned on a lot of people, that a free nation cannot remain a world power, if it depends on the good will of theocracies, monarchies, and socialists for it's energy. Affordable energy made the USA great and gave us the ability to project our economic and military power anywhere in the world. We will need to use all the resources available to us. A comprehensive national energy plan is a must so that we don't make the mistake of using food for fuel again. I hope the Pickens Plan starts that discussion.

Barron's Banks on $100 Oil

Let me see if I got this right. The Saudis are increasing world oil availablity by 0.24% (200,000/83,000,000) ( if production doesn't fall of somewhere else like PEMEX or Nigeria) and the price of oil is going to fall by 24%? (32/132). I think I'll stay long on the oil and gas companies. They are going to continue the upward trend interrupted occassionally by hot news flashes that we are awash in oil and everything is OK.

Is the Commodity Bull Market Over?

I'm interested in investing in businesses that have a solid requirement for their products, the ability to pass on increased costs, and high prospects for growth.
For me, the oil and natural gas companies, the mining companies, the infrastructure companies, the agriculture companies, and the businesses that support these kinds of companies satisfy these requirements.

Continued growth in demand for these resources in undeniable... and they are not making any more of the stuff.

This far more than can be said for financials or many of the other sectors for that matter. Traders will come and traders will go, but the requirement for basic materials and services remains the same. From a price earnings standpoint they are still reasonably priced, so I fail to see a tech type of bubble in these assetts. I'm long.