Thursday, February 16, 2006

Oil and Gas

Over the last year or so, we have seen oil prices rise up and the days of US$30 a barrel of oil seems to be over and we are all now very comfortable with prices in the range of US$60 and above. Many analysts are predicting that with demand from China and India rising, prices growing to US$100 is not unforeseeable. I tend to agree.

So interesting I was introduced to a investment opportunity in the oil and gas industry. What used to be the playground for only the ultra rich is now within reach of the retail investor at only US$5000 per unit. Its told to me that this is a "cash flow" investment.

On average, returns are estimated at 15-20% annually for abt 12 years. Those interested can see www.oilpods.com.

Me? I have not decided and doing my homework. :) will update you. :)

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