Even the strong results failed to boost the weak outlook for energy stocks as Halliburton shares fell by almost 8% yesterday.

FORBES: Halliburton Stock Undervalued By $20

"The 16 January kidnapping and murder of foreign oil workers at the In Amenas gas field has cast a dark cloud over the outlook for the country's energy sector, " it said.

BBC: Algeria oil industry: 'Dark cloud' over production

While Leeb is confident about the long-term outlook for energy prices, he will not set a specific short-term price target.

FORBES: Sliding Back Into Oil

The energy outlook for the next two years is surprisingly diverse.

FORBES: Energy Forecast 2013-2014: Convert to Natural Gas

Yet the Fed has seldom seemed less worried by the outlook for prices, perhaps because energy costs seem likely to fall sharply in coming months.

ECONOMIST: Rates going down

The long term outlook for supplies of food, natural resources, and energy is becoming so severe that the CIA is now viewing it as a national security threat.

FORBES: Lunch With the CIA

The EIA in its Annual Energy Outlook 2010 report estimates that in 2008, natural gas accounted for 21% for the total electricity generation in the U.S., with the share of coal being around 48%.

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