ELK elk petroleum limited

over $130aus........at some point the general market will have...

  1. 4,837 Posts.
    over $130aus........at some point the general market will have to catch on that supply of oil is going to fail to meet demand into the future.....have we reached peak oil????.....it will undoubtedly lead to a rerating of oil companys.....possibly even turning into a bubble.....how high will energy prices rise before economies crumble????

    energy companies make up approx 5% of the asx 200.....financials approx 35%......one provides the life blood of our existence, the other is built around numbers on a peice of paper, and will disappear even faster than it appeared..... yet still the investment community rates it at 7X the value to our lives of energy....Hello!! is anybody home???? ....

    Cheers
 
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