能源股是否值得長期持有?為什麼?

I do feel that energy investment is a good long term investment with reasons below.
1) Even with the economic slowdown, every country still burn energy, so there is a base line of required amount for the world.
2) As the whole world needs energy, this investment is already globally diversified.
3) China lend out USD to Russia for the return of oil
4) Many countries are trying to store energy for future needs (i.e. China, US and etc)
5) Except for clean energy (wind, water, solar and etc), many energy commodities are scarce resources (i.e. oil, coal and etc)
6) To build clean energy infrastructures and physical parts (solar plate, wind/water power generators and etc), you need traditional energy in the first place, so the demand would be even more.
7) Many emerging economies are still growing (i.e. China, India, Brazil and etc), these countries have the majority of world's population and the energy required would be more than before when the emerging countries increase energy consumption. (i.e. infrastructures and enhancing standard of living and etc)

There are two types of energy investments, one would be direct investment into the real energy commodities (i.e. Crude oil, natural gas, gasoline, heating oil, coal and etc). The other would be indirect investment into stocks with business that related to the energy commodities (i.e. CNOOC, China Petroleum & Chemical Corp and etc). The first one is pure supply and demand where the second requires us to think whether the company earns money after all cost and expense. I would say at the early recovery of the global market, the stocks would outperform the actual physical energy commodity. And only at the near peak bull market, we would than be seeing physical energy commodity to be outperforming the stock as the stock price is already not cheap anymore by then.
Hope this help
Cheers

值得.. 因為長線來計..会通脹..
再加上能源係会用完的..(即係会越來越少)..

值得!能源是必需品,除非全世界都轉用再生能源或有一種物質能取代石油,否則能源股是值得長期持有的,當然以大型公司為首選