3 Reasons To Invest In Oil Now
Oil is one of the most sought after, valuable commodities on the market today. The rise of more organic methods of energy production and electricity use in everyday productivity is no real threat to the power of oil and gas for three main reasons.
1. Oil and Gas Go Beyond Transportation
When people think of gas and oil, they often immediately associate them with transportation, from trains to buses to personal vehicles. However, oil and gas have other uses that make them an even more valuable asset outside of the realm of transportation. A few examples include:
- Contact Lenses
- Fishing Lures
- Stick Deodorant
- Guitar Strings
- Chewing Gum
Even if electric cars were to become desirable, affordable, and convenient enough to challenge the share of oil and gas in the transportation market, there are still other industries that will have a strong reliance on oil and gas.
2. It’s Never Not in Demand
Due to the variable uses of oil and oil-based products, you can be assured that your investment will never be completely out of demand. This is not so for certain specific products that go through a fad phase when introduced to the market and then fade away into obscurity, taking your profits right along with them. Oil and gas are entrenched into world culture and significant across the globe for many major players in the global economy.
3. There’s Plenty to Go Around…For Now
There have been many myths produced by various sources stating that oil availability has reached its peak and is on a downward turn. Based on the oil reserves on the planet that are currently known to human beings, this appears to be true. Of the oil reserves that are known, it is estimated that there is enough oil available on the planet to last up to 55 years. Whether or not these particular predictive calculations are true isn’t the main issue. What’s more pressing is that, because oil is not something that can be produced by humans artificially and cost-effectively, oil is finite and will eventually (whether 10 years from now or 100 years from now) run out.
This is why it is so important to get in on this investment while you, your children, and possibly even your grandchildren can benefit from doing so. Start the tradition now by investing in oil and gas today. Contact a company like Fusion Resources LLC to get started.