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YGRN - Rebuttal To An 'Unprecedented Opportunity' In Oil Paradigm Shift: Inventories And Sentiment
Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN
In a recent post on Seeking Alpha, An 'Unprecedented Opportunity' in Oil Paradigm Shift, Mark Gordon, CIO of Ascent Oil Fund, argues that "We're about to move from the Age of Abundance to a Return to Scarcity." He says that the paradigm shift will have significant implications for energy stocks.
I think in the last 15 years we've gone through two different pricing regime in oil and we're about to enter a third," Gordon says. "I think we're about to move from the Age of Abundance to a Return to Scarcity."