Re: My Absence...Research Reources/Ideas forgot to mention CWH my largest position
Do think we see a major move higher in energy prices but my time horizon is 2 to 3 years before we really get going. I think between OPEC capacity (could be overstated?) and potential for North American shale to add a quick 2-3 mbpd over 18 months or so if prices get well above 70 WTI could contain. Totally guessing here. Think mature markets will see demand flat while emerging (China, India, Nigeria, etc) see the growth in consumption.