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The Organization for Economic Cooperation and Development (OECD) came out with a report that outlined how India and China will emerge to eventually become larger economies than the United States. In China's case, it will happen in the next 5 years, and for India, it will take another 40 years. The United States will also continue to grow with the GDP per capita expected to double over the next 50 years from about $43,000 right now to $92,000 in 2060, according to the same OECD report. These higher incomes and living standards will increase the demand for energy. That is why I am loading up on oil stocks and you should too. This thread will give you all the information on oil stock investing.
