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Peak Oil is You


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Page added on December 24, 2006

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Hoping he’ll have The Last Word

SO many stocks have enjoyed good runs over the past year that it makes it very hard to pick shares that might enjoy further growth. So that’s my excuse made early for my choices, especially those ones that may prove to have gone as high as possible during 2006.

… Tullow Oil. I believe the peak oil phenomenon will dominate economics over the next couple of decades and that the search for alternative sources of energy will dominate policy and prices.

But remaining oil reserves will be increasingly important and, as one of the few remaining reasonably-sizeable independent oil producers and explorers available, I suspect Tullow will be purchased by a bigger player eventually. If it happens this year then it’ll help the performance of this portfolio for the competition.

Unison.ie (Ireland)



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