Marc Faber :"...The entire energy sector including natural gas is probably relatively attractive because the global economy could surprise on the upside. In other words, the EMs continue to grow and the oil demand continues to grow, especially out of China and India. The Europe and US stabilizes and also recovers somewhat, in which case the demand for oil will go up and drive up prices.
On the other hand, if the world again goes into recession, it will be accompanied by significant geo-political tensions, in which case there could be oil interruption and oil would also rally. In either case, oil will stay high...."
via moneycontrol.com
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