I’m making a similar investment. We’re already seeing scarce capital flowing to the O&G sector limiting development of new fields/sources of oil. I think oil pr

I’m making a similar investment. We’re already seeing scarce capital flowing to the O&G sector limiting development of new fields/sources of oil. I think oil prices will stay high (similar to coal) going forward as long as US shale producers can’t access capital like they could before. Existing producers that can live off cash flow could reap the rewards of these high prices. I own quite a few US-based oil companies to play off what I think will be a very long term trend. (This is not investment advice.)