I think oil prices will go up after the election. I own USO, what are some other ways to play it?
962105
You should read http://oil-profits.org/ before you make any decisions.
554076
Just so you have facts. Clinton allowed the 5 major oil companies to buy up all the smaller (not quite a monopoly which is against our laws) Yes he knew why they wanted too. These 5 companies can now set the price and there is enough for all to make big profits. One of the claims they say is they are doing this in case of further shortages (baloney).  This is not silly putty (which no one must have) and the government should be able to have some control on peoples needs (remember our heating depends on this yet alone work needs and hospitals need heat and Police and Firemen need to be able to have fuel to get around). We are stilling getting the same amount of oil as the last couple years -we are using a bit (not much) less-so it isn't a shortage (yet).) Because these 5 major companies have a lot of money they also control some in government (yep-favors another story) . So it seems they can do what they want-they only have to answer to shareholders (be surprise who some of them are). Until the People or Media turns on them they have upper hand. Just thought I would give basics to you.
416971
I had long term gains in one of mine, so I took them. I may regret the move, but too many eggs in one basket is not the smartest consideration. I don't think I would sell VLO. It is better than gold. Actually, they all are but our congress is quite capable of doing really stupid things and they are painting big oil as the big boogy man. Keep that in mind, too.
373802
Eventually, the demand for oil will continue to increase and the supply will continue the decrease.  The only practical solution is to move towards alternative fuel.
564281
invest in oil companies.
317663
its mere speculation, \n\nthere is just no economics in the way oil prices are moving..there is no supply problem as of now..but still u can see this surge//\n\nthe prices are news based and manipulated, another interesting observation is that since US plan on IRAN is now more real and around the corner..u knw wat i mean..
993916
My opinion is only worth two points.\nBut the chance of oil topping $100 per bbl is greater than its dropping under $50.
1087508
Very screwed.  Oil will only go up as we approach (or have already suprassed) the peak oil supply.  At some point, there won't be enough oil to power machinery, to use as pesticide or to make the materials for a modern life. The deficit is insane (thank you Republicans) and will not be gone until another 20 years, if we are lucky.  Our Social Sercurity and all safety nets will be destroyed by the free-marketeers who have enough money so they'll be fine. The government along with the loyal and enthusiastic help of conservatives and spinless liberals is turning us into a police state so get ready for camps. China owns us through Treasury Bonds though that won't stop the U.S. from nuking it in a couple of years. The world will eventually stop putting up with our sh*t and then trade goes down. Basically, we're all f***ed so move out.  I hear Western Europe is nice.
188335
iraq has the 2nd largest oil deposits in the world. Before the war these could not be exported due to UN sanctions. UN sanctions would not be lifted untill saddam complied with the UN regulations and allowed inpectors in. Answer.... get rid of him. If Demand for oil is increasing, and supply remains the same. prices would go up. So if supply increases with demand prices wont change, and blair and bush will get re-elected!! They might not be popluar for liying about the war but niether would they if you were paying £8 for a gallon
126698
Its always a good idea to have oil and energy stocks in your portfolio.  Its best as an asset allocation.  It just depends on the percentage you should put in your portfolio.  I wouldnt put any more than 5-10 percent in it.  I dont think now is a good time to have a large percentage of oil in your portfolio.  Oil is a business of boom and bust cycles.  And I think we are about at the end of this boom part of the cycle.  Inventories are going up and drilling is still pretty strong.  I think oil will drop significantly in the next few months.  The only thing thats holding it up now I believe is politics, and this business with Iran.  Once that's over with I think the price of oil will go down.  Although the US doesnt get any oil from Iran right now.
717124
Oil and other natural resources valuble to the US
756185
I own an ETF that follows the price of oil - the symbol is USO.  I am sticking with this investment because I believe, long term, we are running out of oil.  Already we have to go to some pretty harsh environments to meet our energy needs.  I like the oil services stocks the most: Nabors NBR, Bolt Tech. BTJ and Mitcham MIND are some of the ones that I own.\n\nI think the best way to invest is to study what the best traders are buying and selling.  This is the idea behind the site http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money.  Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors.  You can also read posts on investing from the best traders, as well as share your own investing ideas.\n\nHere are this month's best traders:\n\nhttp://www.top10traders.com/Top10Standings.aspx\n\nGood luck!
43848
Futures and Options are high risk, complex investments. If you need to ask, you are not qualified.\n\nStudy up on options. Consider other ways to benefit from rising oil prices: alternative energy, hybrid cars, etc.\n\nUse at your own risk. Talk to your financial advisor.
616003
Um... well, that'd be good for us - the Euro is worth less than the U.S. Dollar, right now.  We'd get more oil for less money.
645979
I believe that the oil companies are taking advantage of the situation.  It seems the prices are always higher during the summer when people are using their cars, or R.V's to go on vacation.\n\nThe president is walking on thin ice...Republicans are going to feel the wrath of voters because they will be losing their races and the democrats will take their place.\n\nThe president wants us to open up Alaska to drilling, so when we have higher prices...he can say they would be lower if we were able to drill in Alaska.
562396
Bush and the oil companies record profits. If there wasn't record profits there wouldn't be any problem. They are gouging America, and Bush is allowing it to happen.
690244
Gas prices are rising due to the rise in the price of crude oil.\n\nThe price of West Texas Light Crude rose to over $70 a barrel on the international market, although it has now fallen to $69.63. The price of Light Crude tends to be higher than other Crude Oil prices because it contains less sulphur. This reduces the refining costs involved with making petrol that conforms to the environmental standards in the US and Europe.\n\nAlthough OPEC and other Oil producing countries have increased production of oil, the demand is outstripping the supply.\n\nThe economy in China is growing fast and as the masses enjoy more disposable income, they buy cars which in turn require more oil.\n\nThe Indian economy is also getting stronger and they too are buying more oil.\n\nA further complication that adds to the demand is the lack of refineries. The efficient refineries are operating at almost full capacity which means that less efficient plants are being pressed into service. The problems in obtaining refined product places further pressure on demand side prices.\n\nOn the supply side, there are political uncertainties in a number of big oil producing countries. Such uncertainties cause problems within the supply chain and cause prices to increase.\n\nOPEC cannot produce enough extra oil to satisfy the extra demand.\n\nIn the past, Russia could be relied upon to pump extra oil. However, Russia is busily re-nationalising Oil Production (e.g. The recent Yukos case). This means that Oil production in Russia has fallen away from 2004 levels. Although Russia has huge reserves, it will be a while before production starts to grow again and so they cannot be relied upon to meet the extra demand. \n\nVenezuela is having a little spat with US Oil companies. Go Venezuela! Unfortunately, this is also effecting supply. \n\nNigeria, well is Nigeria. However, the locals are not happy with the way that oil companies operate and have taken to protesting over the way their land is being poluted. Local bandits and industrial unrest all combine to threaten oil supply.\n\nThen there is Iran which is in dispute with the west over Uranium enrichment.\n\nWhenever demand outstrips supply, speculators get involved. The US leads the way in commodity speculation. With continual upward pressure on the price of oil, speculators are having a field day.\n\nThe complication that the US has brought to speculation factor is the invention of 'virtual speculation'. These are speculators who speculate on the commodity speculators. This in turn causes prices to fluctuate more wildly and pushes prices even higher in a rising market or lower in a falling market.\n\nThe only way to improve the situation would be to either increase supply or reduce demand.\n\nIncreasing supply will take many years to be effective.\n\nTherefore the only way to reduce prices is to reduce demand. So, if everyone used less fuel the prices would fall.\n\nTime to dust off your old pedal cycle?