Great Article! I have to agree with you that major integrated oil companies are not the way to play oil right now. After all with continued demand destruction in gasoline (at least in the US) and falling oil prices and an increase in the tax on dividends could spell trouble for the majors. If you really wanna play oil the safest is undoubtedly through the service companies like Schlumberger... These companies will continue to see business especially as oil becomes harder to find...
The Chinese Oil Problem [View article]