THE TIP OF THE INFORMATION SPEAR, IN THE ENTERNAL FIGHT FOR FREEDOM AND LIBERTY
Sunday, July 29, 2018
Why This Commodity Is Recession Proof
Energy consumption, particularly natural gas, is more of a consumer staple than discretionary item, and is thus less likely to be affected by an economic downturn, said Richard Cottee, CEO of Central Petroleum.
“The one thing that’s interesting about recessions, is that it doesn’t actually change your energy consumption,” Cottee told Kitco News on the sidelines of the Noosa Mining & Exploration Investment Conference.
