Roscat

Oil: Despite Decline, A 'Must-Have' Profit Play

Oil will slowly come back only in 3-5 years for a 5-7 years period. And then, it will die a slow death. Why, you ask?

Because the demand will not grow fast enough, and during this growth there will be substitutes to resolve the temporary energy needs. There may be a good run to about USD80/B until the alternative energies will come into play. Already DE, the Nordics, India, and other countries have realized that without nuclear power they will be practically at the mercy of other countries, or practically dead.

So, I say buy oil now, sell it in 3-5 years and buy U, in my opinion.

Regards.