Why are oil company jobs hot right now, and how long can we expect them to remain hot and spicy? To learn the answer, let me paraphrase from an interview between Investment U and Jim Rogers (author of Hot Commodities and former CEO of Quantum Fund) conducted in 2006. In this interview, Jim Rogers said that looking in history, the shortest commodity bull market lasted many years while the longest lasted 23 years. He expects present commodity bull run to last until at least 2014 as well as even considerably 2022. Additionally expects gas and oil prices to be part of this bull run.
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It was now January 10, 1901. The drilling crew began lowering fresh bit on the bottom of this hole. They ran about 700 feet of drill pipe in the 1,000-foot raw cones leak. Suddenly, out of nowhere . the well starts spewing the drilling mud backs aside.
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