Velchi From CNN Says.

[Juan Benavidez]

He says we should be buying oil stocks like Chevron because Oil companies will always stay ahead of the curve and make money regardless. How many shares of stock would we need to purchase to make up for the increase in the price of gas to make buying oil stocks worthwhile?

 

[Couch Potato]

Two words that raise red flags for smart investors:
Always and Never.

 

[Terrel L. Shields]

Two words that raise red flags for smart investors:
Always and Never.

too true.

The alternative would be to buy into an oil well (mineral right) or gas well. The oil well will vary with the price of gasoline. The longer term play would be gas which will eventually move up (its a very low price now) as cars convert to LNG for fuel.

I don't trust large oil companies. I would (and am) invest(ed) in small companies. Players in the Bakken are doing pretty good. I don't want a company with too much debt (like Chesapeake which seems to always be a CNBC fav) and also, drilling is steady to increasing thus the service companies look good (again, I prefer the ones who don't get the big press as the popular ones always being mentioned by the financial channels seem to move on speculation from clueless investors more than on the fundamentals)

Or, if you have $4 million or so lying around, you can always drill your own well Lotsa luck chuck...