User 66770

A Case for Retreating From Oil Investments

Both oil & gas industry is faced with an acute shortage of skilled labor
which is required to bring exploration finds to market. Another big factor
weighing on o & g futures is hurricanes in the Gulf ( predictions show
at least 10 more by season end ) plus the severity of winter weather
coming up. All of the above plus geopolitical uncertainity ( i.e. potential Israili attack of Iran ) keeps me invested in Energy Sector despite possible global economic slowdown.

WJM