Thursday 16th June 2005

DIGGING FOR ANSWERS

We have switched our focus to the changing outlook on global energy, while constantly reminding our readers that energy and money (and more importantly, gold) remain inseparably linked.

We have been asked "why the continuing attention on oil and gas"? Simply answered, today's world is highly dependent and geared around a commodity that is becoming increasingly scarce, and further, all the evidence suggests that the rate at which energy is becoming scarce is likely to accelerate. 

Our job is to try to add some perspective and balance in confusing times. Yesterday we mentioned that our analysis is not based on "hysterical doomsday accounting", but simple supply/demand fundamentals. Our task in the next couple of weeks is to dig around for answers to some reasonably important questions; 

What is the picture for future oil and gas supply and reserves?
What is the picture for future demand? 
What about alternative energies?
What about sustainable, renewable oil and gas? 

Probably the most important task lying before us is, in a balanced fashion, to correctly evaluate the inevitable change that will accompany these shifting energy fundamentals. Correct assessment and understanding of this altering environment will provide us with protection, and importantly vast "profit opportunities" in the coming years. 

Best Regards 

Philip Judge
pjudge@anglofareast.com