E.D. Hart

Your Oil Stocks Aren't Coming Back

Ummmmm,
Whats going to happen when the dollar declines again and the global economy eventually recovers?

A bet against oil stocks recovering would be a bet against either of these from happening...which seems far fetched in the extreme. Oil doesn't have to go to $300 in my lifetime for my oil/gas stocks to recover. Oil doubling from here, will cause many oil stocks to triple from the abnormally depressed levels that they are at today.

Look at a chart of XOM for the last decade and you will see it has outperformed BRK.b, JNJ, MSFT, and DELL, and many other so called blue chips.

Or if you like, look at the ten year charts for XTO, and UPL (gas stocks primarily) and you see that they vastly outperformed in the lost decade market (up 30 to 70 times respectively the market return).

Todays depression is the anomaly. Sure it may last several years, but when it inevitably ends, oil/gas will come roaring back.

Dividends In the News: Seven Companies Raising Dividends

Citigroup reps also said that they would maintain dividend, right up to the point of cutting the dividend.

Is the Commodity Bull Market Over?

Agree with CT Programmer--gas is a great buy right now. See Mcdep.com with Kurt Wulff
and his current insights on the great value in natural gas.

Goldman's $200 Oil Call and the Hurricane Premium Theory

Coswf has returned 40% annually from 2002-to 2007--the Canadian Oil Sands Trust is one to tuck away fro the next 25 years.