With global oil prices near all-time highs and tight cereal markets according to the Food and Agriculture Organization of the UN, companies in the agricultural sector face interesting opportunities, despite a frail global economy.

FORBES: Monsanto Surges On Latin American Demand As Food Prices Hover Near All-Time Highs

That looks like a bargain, given that 30 billion barrels of oil lie beneath, but the oil is molasses-thick and locked in very tight limestone formations.

FORBES: Shell Shocked

Hurricane Katrina roared into already tight oil markets, damaging much of America's oil-pumping and -refining capacity, and another hurricane, Rita, threatened to wreak more havoc along the Gulf coast this week.

ECONOMIST: Reluctant party-poopers | The

Even with all current deep-water projects going forward full blast, the oil market is anticipated to be extremely tight.

FORBES: Investing For A Peak-Oil Future

Surgutneftegaz, (an oil company thought to be tight with the Kremlin), and Gazprom (a state-controlled gas leviathan) have been among his targets.

ECONOMIST: The sad fate of a loyal Putinista

Despite central-bank Poo-Bahs fretting about oil prices (up more than 50% in recent months) and tight labor markets, inflation is hardly a threat.

FORBES: Fact and Comment

Despite central-bank pooh-bahs' fretting about oil prices (up more than 50% in recent months) and tight labor markets, inflation is hardly a threat.

FORBES: How to Bomb the Boom