Tuesday, December 30, 2008

Sneak Peek at Energy 2009


Forbes has a good article looking ahead at energy in 2009. Trends, Predictions and Investing Ideas.

A year ago the worry was that oil demand would outstrip supply. Today, the Saudis alone have more than 3.5 million bpd of spare production capacity.
Tailwinds will soon give alternative energy a boost in the form of the energy policies and subsidies from the incoming Barack Obama administration
Obama's energy plan calls for the "responsible domestic production of oil and natural gas." Translation: He'll focus on maximizing existing energy production on the Outer Continental Shelf, revise the Bush administration's 2007-12 drilling plan and reinstate the executive order banning offshore drilling.

Get some nice stock ideas while you are there.
Go read it