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Awhile back we put together an article called, Prepping for Expensive Oil, where we discussed how you can prepare your portfolio for high priced oil. This post will be an extension of that. With oil over $100 and still climbing, it is important that you are ready and have some picks lined up.
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I think Cheniere (LNG) has developed a very good business plan to profit from the bidirectional distribution of natural gas. They are being hit by the stigma of being associated with the NG market and the timeline required to be in full bidirectional operation. They are a steal at the current price level.
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Stock Picks for High Priced Oil 5 comments
Read the entire article here: http://turnkeyoil.com/2011/05/10/stock-picks-for-high-priced-oil/
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