Warren Buffet Go Shopping for Energy Stocks

It's in the news, The Trader Guru Warren Buffet start a hunt on Energy stocks. Using his financial Company's Berkshire Hathaway, he acquire 17,5 million of Conoco Shares. Could it means bottom has reached ?

However, the tycoon has made some statement he is doing this for a long term stake. Just curious how long is his long term anyway. For your insight my fellow reader, these days, oil exporting nation suffer for a massive decrease in oil price caused by economic slowdown in many major-oil-importing-nation, just go googling, you'll find news saying that Japan, German, Britain has gone to depression.

For Indonesia, this could be good, since we are a net importing nation. Well, at least theoretically.

commodity :: Bullish on coal price

Kontan, 13 February 2008

Following massive increase in oil price; coal begin to experience scarcity world wide. Coal price has accounted highest growth in history as it increase from USD 89,85/mt in Januari 2008 to USD 127,6/mt. Analyst predict this will trigger tendency to export coal and lead Indonesia towards another chapter of energy crisis. Ironically, ID gov's seem less anticipated the fact.

:: suggested research link

• http://www.eia.doe.gov/emeu/international/coalprice.html
• http://www.coalindoenergy.com/
• http://eneken.ieej.or.jp/en/data/pdf/159.pdf

:: please comment on broken link

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