Current
Mar 06, 2010
Investing in Alternative Energy: An Energy Comeback Story No One is Talking About
By Andrew Mickey, Q1 Publishing
The world is about to change forever.
The International Energy Agency predicts China will surpass the United States as the world’s largest energy consumer shortly after 2010.
U.S. consumers are already starting to see the impact. In the midst of an anemic recovery, oil is above $80 a barrel, the national average gasoline price is $2.57 a gallon, and natural gas prices are still more than double what they were for decades.
There will be corrections, but energy prices are going higher and contrarian investors should be spotting a sizeable opportunity in the most beaten up, out of favor energy sector in the world.
