Seaferer20

Oil & Gas Equipment & Services ETF

With 20 years experience as a registered investment advisor, I am a propenent of the MAD investment philosophy, multi-asset diversification. Roger Gibson's book Asset Allocation will tell you all about it.
Having said that I strongly agree with the Fitzman that energy and its related sub-sectors should be overweighted in one's portfolio for at least the next five years. The broken US political process just kicks the can down the road and lacks any semblance of a sane energy policy.
Meanwhile, XES is a great, low-cost way to invest in numerous oil-service stocks. Buy and hold!!