Currently, the 300 million people in the US, use over 1/3 of the global energy produced. Demand from emerging markets such as BRIC (Brazil, Russia, India, and China) continues to increase at double digits. Yet the global supply of energy continues to grow at a slower pace than demand and exploration and drilling costs continue to increase rapidly to bring new supply on the market.
The net result is that global energy prices will continue to increase for the forseeable future.
Integrated oil, natural gas. and coal companies, refiners, drillers, and equipment suppliers are all great ways to play this trend.
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