I had considered investing in oil but it looks like we are running
a little short in that department. Here are 3 stocks to consider.
Quote:
If you want to know what energy stocks to invest in over the long term to take advantage of the growing crisis in oil production, listen to the people who would convince you there is no oil crisis.
You might start with the National Petroleum Council, a federally chartered and privately funded oil-industry research group. This summer the group graciously agreed to a request from the U.S. Department of Energy to "study" claims that world oil production has peaked. Lee Raymond, former chairman of ExxonMobil (XOM, news, msgs) and current chairman of the National Petroleum Council, will chair the study, due in the summer of 2007, of "peak oil." Proponents of peak oil say that while the world isn't about to run out of oil tomorrow, global oil production has peaked, in 2005 possibly, or will soon peak, around 2010 possibly.
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By
Jim Jubak
Energy stocks.
Worth taking a good look at I believe. This is the future and I want
a piece of the pie.