Wednesday, October 25, 2006

Feeling low on energy these days?

Just thought that I'd share a resource with you guys, since it took me a long time to find it.


Everybody and his cat is now telling you to buy energy stocks and other energy-based securities, either now or in the near future, which they're beaten down and cheap. Today I saw a new article recommending natural-gas stocks because they should be near seasonal lows right now.


Well, I generally only make short-term buys if the long term looks good to me also, so that if the short term doesn't work out, I can always fall back onto the long term. It took a while, but I finally found some information - educated guesses, really, but at least educated guesses which may be honest - on the longer-term connections among supply, demand, and price in an interesting part of the energy universe, natural gas in North America. The article was published by a Canadian government body, and makes some guesses out to 2020. Just don't forget that these are educated guesses, nothing more. If you don't believe me, just punch "peak oil" into your favorite search engine. Or think of how much faith you yourself put in weather forecasts, especially forecasts of the weather three months from now - or three years.

0 Comments:

Post a Comment

<< Home

      

to my broker review site