With the international economy stabalizing, there has been an increase in demand for energy commodities and oil and gas prices have seen steady upward movement.  This increase in demand is considered by many analysts as an important aspect to the ecomony’s recovery.   Over the past year, there are numerous factors have made the energy sector interesting, including OPEC decreasing production, international production declining, the restructuring of GM and Chrysler , the international economy rebounding, and political instability in oil rich countries.  As Iraq works toward becoming a stable nation, Iran’s relations with the Western world continues to deteriorate.  Internationally, numerous governments’ efforts to aggressively turn around the failing global economy have seen success.  Interest rates are at record lows and are expected to remain low till year end,  All these elements have had the accumulative effect of an increased $/barrel which could continue to increase over the coming year. 


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