Tuesday, April 11, 2006

The market continues to push up commodity and energy prices

The market continues to push up commodity and energy prices ,unlike many I have been and remain very bullish on energy stocks .I have frequently called this the “Energy decade” ,like the 1990’s was the Technology decade. Global pressures on commodity prices have similarities to those on energy. Higher risk has been associated with countries that produce these products along with the underinvestment in the infrastructure it takes to acquire process and transport these products. Warning; there is enormous volatility in commodity and energy prices, so for most investors the long term view is a better vantage point.

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