by mattduke » Sun 19 Dec 2010, 16:31:50
$this->bbcode_second_pass_quote('Ibon', '')$this->bbcode_second_pass_quote('mattduke', ' ') One can imagine a scenario where as EROEI drops off that oil companies will fail even as the oil price skyrockets. In that situation a direct oil-price tracking ETF like USO would make sense.
Oil futures with options out to 2015 or beyond in that case. The podcast I referred to explains the weakness of OIL ETF's. It's worth listening to.
Thanks Ibon, I'll check it out. I do believe oil price ETF's are more for short term trading and I don't own any myself.