Anyone into Oil stocks?

What happened to the peak-oil anyway?

North Korea already have shaken market alot, now if this war started not only oil but the whole market will see the impact.

a reply to: ScroomieMcDuck

It's coming full steam ahead. Oil has shot up almost 7 dollars in the last week.

a reply to: WhyDidIJoin

No, it’s not. Good luck with that long position in a bear market — your bull got loose.

Cheap Oil

There is a glut and will continue to be an oversupply of hydrocarbons for several years going forward. You can look at the EIA projections or tune in to Canada’s tar sands crude market or the shale oil coming online...but by all means keep telling yourself peak oil is coming full steam ahead.

Guess it’s the old adage: don’t bet what you can’t lose. You bet on a losing horse...big time. Welcome to that bear market I told ya about.