Buster Collings

Oil Prices… investment opportunity

gas prices are high, we all know that. almost everybody looks at this as a negative. however, you can recover the money spent on oil (gas) by investing in oil!

“I don’t see anything that can take this thing down,” said Michael Guido, director of commodity strategy in New York for Societe Generale. He said the fear of a supply problem — not an actual supply problem — is driving the market psychology.
FROM >> http://news.yahoo.com/news?tmpl=story&u=/ap/20050317/ap_on_bi_ge/oil_prices_62

here are some Oil Funds worth looking into. (keep in mind, summer is around the corner… and gas consumption and prices always go up!)

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This entry was written by Buster, posted on 3/17/2005 at 1:01 pm, filed under General. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Comments are closed, but you can leave a trackback: Trackback URL.

2 Comments

theMaab

Posted 3/17/2005 at 7:22 pm | Permalink

well, i have been looking to get into some investments, do that money-work-for-you thing. i do agree, how could this go wrong?
bu$ter

Posted 3/18/2005 at 9:18 am | Permalink

unless opec starts pumping up production big big time we will all be paying a lot at the station. although, the prices do seem to reflect the fear of a shortage much more than an actual shortage. fear is a terrible thing.