Profit From the Looming Spike in Crude Prices That the U.S. Oil Lobby Doesn’t See Coming
Submitted by Bapcha’s Stocks
Posted on December 5th, 2009 in API, American Petroleum Institute, Leading Economic Indicators, Sarah Palin American Petroleum Institute, API, Leading Economic Indicators, Sarah Palin
John Felmy has been the chief economist of the American Petroleum Institute (API) for years. He’s well respected. And I appreciate his experience. But the two of us disagree more often these days.
Sorry folks, the API just doesn’t get it. And what it refuses to get is becoming one of the most important factors investors in the energy sector will need to watch – carefully. This is all about supply and demand. But it’s not the traditional lecture from Econ 101.
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