August 12, 2006

US: Exit Energy (Oil)

A. Gary Shilling 08.14.06, 12:00 AM ET
My Apr. 10 column recommended a wide spectrum of North American energy investments: natural gas, coal, offshore drilling, nuclear and Canadian tar sands. Robust global demand plus political and military risks in Russia, Nigeria, Venezuela and the Mideast have pushed prices high enough to propel the development of expensive domestic energy.