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5 Reasons to Buy the “Other Fossil Fuel” Now
Every once in a while, commodity prices fall so low, they can’t be produced cost effectively anymore. Inevitably, producers have to eliminate production and scale back or drop expansion projects to reduce supply. Inevitably, the commodity’s price comes climbing back.
It happens all the time. It happened when uranium fell to $7 a pound nearly a decade ago. It happened when oil fell to $10 a barrel a few years ago. It happened again to oil a few months ago when prices fell to $35 a barrel. It’s happened to zinc, copper, agriculture – every commodity.
It’s how the commodity world works.…
28Mar2009 | Q1 Publishing | 0 comments | Continued
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