[burritos]

Oil companies seem to get more revenue with the rise in prices compared to just drilling more oil. As PO becomes more of a reality, the prices will continue to rise(until the collapse of society of course). But hey, you can at least be rich until the end no?

[zberry]

The market excels at taking away the most amount of money from the most amount of people in the shortest amount of time.
Be careful.
Here are a few questions:
1. Do you really want to support oil companies? Aren't you worried about karma?
2. Aren't you worried about the 130 trillion in derivatives taking down the entire financial system, oil companies included?
3. Have you thought about clean energy investing, such as the PBH, the Winderhill Clean Energy Index?
Good luck!

[DantesPeak]

The main risks facing US investors are war and the falling purchasing power of the US dollar. Since the dollar is going to fall, some type of investment in natural resources seems like a good inflation hedge.

However, a significant war in the Mideast could affect investments in some unexpected negative ways. While I am sure that the price of oil would rise sharply in that situation, most likely the US and local governments would react to that by quickly controlling energy prices and/or production.

Simmons said in his recently televised talk on CNBC that he owns no stock of major oil companies, but does recommend oil servicing companies.

In the short term, three to five years, I disagree some. Major oil companies will still outperform the market in general, although the service companies may do better if you know which ones to buy.

The main downside I see is that in about three to five years, Canada, the US, and Mexico will take over oil producers or keep raising taxes due to their future 'windfall profits'. Don't laugh, even 'conservative' governments will eventually want to secure oil revenue for themselves to 'protect' the public.

So maybe take a balanced approach and do not invest too much in one area, and possibly consider "bear" exchange traded funds that move up in a down market as a hedge to your market investments in oil companies.

[vision-master]

Goodbye Oil

In the 18th century whale oil was a booming business, supplying fuel for nearly all lighting sources (like torches and candles) as well as lubrication for a growing industrial revolution in the U.S. and elsewhere.

Whaling magnates like Morgan saw that their ships’ expeditions were taking longer, making the trips costlier. The decimation of the whale population caused the price to peak.

A bell-shaped curve in whale-oil production was seen over a certain period of time.

Sound familiar?

[burritos]

$this->bbcode_second_pass_code('', '1. Do you really want to support oil companies? Aren't you worried about karma?
2. Aren't you worried about the 130 trillion in derivatives taking down the entire financial system, oil companies included?
3. Have you thought about clean energy investing, such as the PBH, the Winderhill Clean Energy Index?')
1. I do own exxon. I use my shares to vote against the board and all their recommendations to vote for every resolution the board is against.
2. I own solar panel stocks, silicon mining stocks, and lithium mining stocks.
3. I want to make money too(sorry). Only some of the clean energy sectors will make money.

$this->bbcode_second_pass_code('', 'A bell-shaped curve in whale-oil production was seen over a certain period of time.

Sound familiar?')

Good point, but how many years will it take for oil to hit bottom, and will I lose my dividend cash flow before I croak? Also, did the whole society at that time depend on whale-oil production?