To: beaver fever
I don't believe anyone can predict this industry out ten years. But I cannot see this run-up ending soon. Wages are really climbing in the engineering and design field. Katrina was a major impact to sucking up people and material. Some plants hit hard by that are still not back up.
31 posted on
02/14/2006 4:36:53 PM PST by
thackney
(life is fragile, handle with prayer)
To: thackney
I agree the supply fundamentals bode well in the near to mid term.
The real crunch for metals and energy is the growth rate in China and India.
On the energy side big projects in Russia as well as the high north in Norway and Canada could flatten energy prices but that is pretty far off.
If I enrolled in University right now I would put my money on Geology, Metallurgy or Structural engineering.
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