Quote:
Originally Posted by Michael
Unfortunately for the oil corporations, they are dealing with a commodity that has a very direct relationship to inflation and the overall economic health of the country. If we were talking about cigarettes or jewelry, it would be different.
I would like to see stock market speculation in oil stopped. People buying up oil at a low price in order to sell later when the cost per barrel goes up means market volatility. In increases the price to the public
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Oil certificates are an excellent investment right now. Returns of 60% or better aren't uncommon.