Egypt fallout — follow Exxon and T Boone Pickens; go long natural gas and frack-baby-frack
Serious events eventually lead to serious consequences. It’s still too early to tell how things will shake out in Egypt. But one collateral impact has been a reminder of what’s at stake in energy markets. Not because of Egypt’s de minimis oil production, but because of geopolitics. There are already renewed calls for doing something about America’s…