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July 7th, 2008 - By Keith Kohl
Energy and Capital editor Keith Kohl shows readers why the Haynesville Shale is experiencing a natural gas boom...
Another week, another record.
Hopefully by now you've gotten used to seeing record crude prices. As usual, we started to see a sell off after nearly reaching $145.85 a barrel last Thursday. This morning, crude dipped over six dollars a barrel before bouncing back over $141 per barrel this afternoon.
But it's not just oil that's been on my mind.
If your mind has been fixated on "America's Oil Crisis," (I still can't get over the fact that some people believe it's only a problem in the U.S.) perhaps it's time to take a look at natural gas.
It's a good bet that whenever you see oil prices climb higher, natural gas is moving up right alongside it...
Today, energy is at a global crossroads. The International Energy Agency (IEA) estimates a minimum of $20 trillion needs to be invested over the next 25 years to meet surging energy demand and to offset the declining reserves of the world's major oil fields.
There is, however, a solution to the looming energy crisis--a solution that will encompass numerous energy technologies and practices. The blueprint for success will not only include alternative and renewable energy, but the economic harvesting of remaining and unconventional oil sources as well.
Within that blueprint for renewable energy and sustainable energy use lies the most profitable investments this century has to offer. These are the energy stocks and investment strategies that fully exploit the "New Energy Economy." And Energy and Capital's editors and researchers bring them to market each and every day.
Join the legions of Energy and Capital subscribers taking full advantage of the world's energy transition. Subscribe to the free Energy and Capital e-Letter today.
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