With the barrel of oil going down, I would think the "tar sands" would cut back on their dividend payout. I still have a lot invested in Canadian Oil, and I belive we cannot cut ourselves off of it. I'm glad to see the U.S. manufactors trying to produce more fuel efficent cars for our needs, and oil will always be a major player in whatever we produce in the U.S..
Look for Significant Changes at Talisman Energy in 2008 [View article]
I think in the long term you should buy energy stocks. The big "3" do not seem to be in any rush to make high mileage cars. I'm buying a lot of energy stocks almost at there 52 week low right now. I also buy 'canadian stocks' because of there yield. Just hold on to your investments, as they will rebound. The market is in turmoil right now partialy because of the 'sub-prime' mess,it will take a long time to straighten out.KPA
Seven Canadian Energy Stock Picks [View article]
Look for Significant Changes at Talisman Energy in 2008 [View article]