The Oil Game

Energy related commodities are the most important of all the commodities we have discussed in the past few years. While food costs, years of oppression and inflation have upset the apple cart in the Middle East, there is now a growing fear of higher energy costs. No matter your thinking on deficits at local, state and federal levels, global energy costs sit at the bottom of the Quality of Life Chain and perpetuate every aspect of lifestyle for better or worse. In short we live on petroleum energy access. Coal makes up 50% of US electricity, 70% in China and oil drives the world’s transportation system and will for the next few decades at a minimum.

Written by Michael A. Berry, Ph.D. - [ Discovery Investing Web Site ]