Heating oil rose to its highest level in almost four months prompting discussions and predictions over the likelihood of heating oil becoming an increasingly sought-after commodity in the next few years.

As snowstorms rage in the U.S. Northeast talks about climate change have increased. These talks have also propelled questions about climate change and the severity of the threat it poses. However, if the cooling of the last decade continues, heating oil will not become a superfluous commodity any time soon. On the contrary, the demand for oil will intensify and subsequently lead to a hike in oil prices.

Investors who want to make money it is important to look at concrete demand, not demand manufactured by politicians charmed by the green movement. The development of alternative energy resources is important for a variety of reasons, but not always essential and often groundbreaking innovations turn out failures.

For example, global temperatures have declined for the past decade, and will likely continue to decline for several years to come.

The fact remains, oil is still the most cost-effective energy source and it would be a haunting task for any incumbent politician running for reelection to pontificate about the nobility of green energy as an alternative to that cheap black gold most Americans living outside of Florida and California would refer to as a god-given material.

Oil is not becoming a thing of the past any time soon and it would be silly for any country to forsake it for the fear of climate change which, after all, does not seem to a fear grounded in facts, especially if recent weather patterns are an indication.