Fadel Gheit: Oil Prices to Remain Inflated but Don't Pass on Gas [View article]
America needs an energy policy and when we finally come to our senses, natural gas will be at the center of that policy. We cannot continue to ignore the geo-political risks or the fundamental economic fundamentals of a policy that supports nations that hate us and could bring down our own economy.
I completely agree with the possibility that oil could spike well over the old highs and it would be a disaster. We should pay more attention to supply destruction than demand destruction and embrace the natural resources that will grant us economic and energy independence.
RIG is so cheap, it's hard to believe that I'm afraid to pull the trigger. Sold the stock at 120 after owning it for eight years. Thought it was cheap when I sold it. Getting ready to buy it again.
Fadel Gheit: Oil Prices to Remain Inflated but Don't Pass on Gas [View article]
I completely agree with the possibility that oil could spike well over the old highs and it would be a disaster. We should pay more attention to supply destruction than demand destruction and embrace the natural resources that will grant us economic and energy independence.
Ten Texas Stocks [View article]