Cutting Through the Energy Myths

Since crude prices have moved into the stratosphere, the world of oil has become awash in myths and other misinformation about the causes and potential cures for the run-up. The biggest problem with these myths is that they subject policymaking to politics, rather than to economics and engineering. And for Fools, they make targeting an appropriate allocation for energy assets a hit-or-miss proposition.

Let’s consider some of the more pervasive energy myths, so that just maybe your approach to energy investing will become less random.

Motley Fool