I’m seriously thinking about buying some Conoco and Exxon. Oil will go back to $100 a barrel when the last domestic producer goes belly up and Obama kills any pipeline deal. Then OPEC will have us by the short hairs again.
I wouldn’t touch oil right now. I have a large (for me at least) holding in Whiting. I should have sold it last year.
My oil stock and Ruger are the only stock up today.