Few things in life are certain, but Encompass Fund managers Malcolm Gissen and Marshall Berol are convinced that the world needs much more energy, and that this is great news for oil and gas companies and their investors.

Yes, today was the day that both the S&P 500 and the Russell 2000 were finally able to clear overhead resistance and move to all-time highs. The Nasdaq, too, moved to its highest value since the dot-com bubble