principle

Will Oil Stocks Stay This Cheap?

Kurt Walter, what are you talking about? We want oil prices down, youre just upset because you lost money on a stock. A barrel of oil should not double in price in less than a year, yet is seemed to quadruple in just 3 months. Oil prices should go up, but now at $70 we are getting closer to where it actually should be for unspeculated normal growth, where it should be more like $60. XOM I think will rise in value, so that stock itself should do great over the next 6 months, even if the price of a barrel doesnt climb.