Russian Bull

Oil Stocks: Where Can You Find Black Gold?

For exposure to the oil and gas market, one should also consider Baker Hughes and Slumberger. As world reserves become more critical for countries that hold massive reserves--Brazil, Russia, Venezuala, et al.--they will look to oil service companies for expertise instead of Western Oil Companies.

Oil service companies will--until US politicians say otherewise--sell their expertise to the highest bidder (with contract and equipment payments up front of course).