If you wanted to invest in Oil/Gas what.....

[doom&gloom]

Re: If you wanted to invest in Oil/Gas what.....

I doubt it. After Iraq, it would not appear that even the American and UK public have the stomach for more war over oil.

BP's exposure to Russia [TNK and the Caspian region] might be a concern. Royal Dutch/Shell gets fully one third of its daily production from one country...Nigeria. Total, partially used as a tool of French foreign policy, has a long history of working in places that end up being subject to US sanctions. Not saying any of this is "bad", but skews the risk/reward too much against me as a potential investor, imo.

Personally I own E, and TOT internationally.

my favorite buys are some of the us MLP's like OKS,HEP,MMP...