This is a great analysis of choppers that could be a proxy for the offshore drilling boom. According to the May 12th edition of Fortune Magazine, the offshore drilling boom combined along with increased usage of choppers for private travel has lead to a shortage of helicopters and their parts.

When I emphasized the need to own infrastructure stocks on October 23, 2007 (“Subprime” NOT the headline from Honeywell’s quarter - Part 2: Strength in Energy, Construction, and Infrastructure), I made a mistake. I apologize to my portfolio’s performance, and to my readers, for recommending Flour Corp. (FLR) and Foster Wheeler(FWLT). Not that Flour Corp.