to dividend_growth, do you think we have to believe

in peak oil to be able to invest in oil and gas company? I am now heavily concentrated on energy, I think as long as oil is above $60, it will probably be ok. I do not think I need oil to go above 200 like peak oil theory predicts. I am betting on several catalysts, my worry on oil price is on what I should do after the catalysts come true, how much I want to keep invested in energy.

I heard US oil production increased 9% last year, there are big oil fields in central asia, cheap abundant NG and technology advance are also big concerns. Also every body inside or outside investment community seems to believe in oil investment can\'t go wrong. This is also a warning signal.