The Rising Influence of Rising Affluence

[mr_o]

Imho I agree Dew. I find quality investment candidates harder to determine. Shale is a treadmill and any company with federal lands has too much black swan risk at the moment. Leaves me to choose between oil sands, which I own, and royalty companies. I do not own TPL, VNOM or PSK.to though I am currently toying with the idea. Decent upside leverage without the capital burden of e&p companies. If anyone has an opinion on the royalty co's I would be happy to listen.

P.S. There seems to be a similar bullish skew on US NG and NGL prices for the next 12 months. I struggle to find a NG company I want to own.