Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I really need some sort of oil fund or stock that doesn't get manipulated the way USO does. Any ideas?

you are the media you consume.

by MillMan (millguy at gmail) on Tue Jul 17th, 2007 at 02:00:10 AM EST
is EDF, the French (nuclear) power group.

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Tue Jul 17th, 2007 at 05:41:34 AM EST
[ Parent ]
I'd rather buy Exelon, the American (nuclear) power group.

Because there you also have a natural gas crisis.

And hey, I have bought that one.

Big Oil should be great too. What does it matter if your production goes down 5 % a year if prices are up 10 % a year? Sooner or later I think we should also see an increase in p/e numbers from 8-13 to at least 15-20.

Prospecting, drilling, oil service should also be great, considering that the new oil we will find will be in nasty places requiring much expertise to extract it, that is if we don't just neutron-nuke the Mideast and drills it.

And, once again:

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid on Thu Jul 19th, 2007 at 07:45:27 AM EST
[ Parent ]
you could set up a commodities account, but you'll be facing the same problem as USO and GSCI.  Contango is no fun if you are long the front and rolling each month.
by HiD on Tue Jul 17th, 2007 at 05:55:05 AM EST
[ Parent ]
Damn it all to hell. For once in my life I have what amounts to insider information and I manage to lose money anyway.

you are the media you consume.

by MillMan (millguy at gmail) on Tue Jul 17th, 2007 at 01:27:42 PM EST
[ Parent ]


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