Oil: ‘To the Moon’?

Oil, Still Oversold

Today we face many economic obstacles; the obvious ones are quite evident. From frozen credit markets and unemployment to the auto industry and housing, there is no shortage of problems. While the world grapples with these issues, we believe the market is underweighting a potential oil supply-crunch that could reignite higher prices. On the supply side, the current economic slowdown has eased significant exploration ventures.

This may cause a bottleneck, as future demand, spurred by emerging market growth, outpaces supply. Looking at the converging paths of new supply coming online and future oil field decline rates, we are lead to believe that the world’s spare oil capacity will be gone by 2011.

Read more here – https://etfdesk.wordpress.com/oil-to-the-moon/

Advertisements

0 Responses to “Oil: ‘To the Moon’?”



  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s




Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 39 other followers

ETFDesk.com

ETFDesk Spotlight

April 2009
M T W T F S S
« Feb   May »
 12345
6789101112
13141516171819
20212223242526
27282930  

%d bloggers like this: