This is an interesting trade however I would also be interested to hear peoples views on how "peak oil" will play out in the wider market e.g.
....should investment be through smaller or large Oil companies (i.e. which sectors, type of oil companies will benefit more from this market change)
...will the higher oil price steadily lift oil shares or will dwindling oil Company capacity and reserves negate a large part of this benefit ?
...how long is it likely that the oil price can be kept at the current level ?
Many thanks for any views.