February 21, 2013
Energy Commodities: Beyond Oil
Ben Kramer-Miller, Seeking Alpha
Energy is an excellent hedge against inflation. Yet too often "energy" is conflated with oil. While oil may be a good investment it is by far the most expensive energy commodity. Oil prices have never been higher with the exception of their brief climb to $140+ per barrel during the middle of 2008. As of now Brent Crude trades at over $115 per barrel, just over 20% off of its all time high. West Texas Crude has underperformed Brent as of late, yet it is still only slightly more than a third off of its all time high. In this article I look at other opportunities: coal, uranium and natural gas.
TAGGED: uranium, Coal, oil, energy commodities