March 6, 2012

Oil Stocks Can't Protect You from Gas Hikes

Matt Philips, BusinessWeek

AP Photo

The next time you’re grinding your teeth while filling up at the gas station, you may wonder if buying oil stocks is a good way to offset all that money pouring out of your wallet and into your gas tank. It’s a tempting proposition—but a complicated one.

Higher gas prices don’t necessarily translate into more revenue for oil companies. For one, higher prices tend to lower demand and lead to less driving. Cumulative miles traveled in the U.S. fell 1.2 percent in 2011. There’s also not a perfect correlation between oil prices and oil company stock prices. In the first two months of this year, the prices of gas and crude oil have both risen by more...

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TAGGED: Energy, Investing, Oil


October 18, 2013
4 Alt. Energy Stocks Ready to Blast Off
D. Burrows, Investor Place
The energy sector might be running on fumes, but alternative energy stocks like solar, wind and green tech are killing it. A gusher of production amid weak global demand mean oil and natural gas prices haven’t gone anywhere in... more ››
October 22, 2013
Confronting America's Persistent Energy Illiteracy
Loren Steffy, Forbes
Americans want more natural gas, but they don’t favor the hydraulic fracturing process used to produce it. That’s the findings of a recent University of Texas survey in which 80 percent of the respondents said they want... more ››
October 25, 2013
The Three Most Important Words in Energy
Michael Kanellos, Forbes
The announcement from Stem and Clean Fleet Investors to launch a program that will effectively let hotels and other large building owners obtain energy storage systemswithout any upfront investments underscore once again why the... more ››
October 15, 2013
Cracking the Energy Puzzles of the 21st Century
Stanley Reed, NY Times
Not long ago, Chevron’s exploration teams were stuck. Several years earlier they had struck oil at a place called Rosebank, 9,000 feet below the surface of the Atlantic Ocean west of Britain’s Shetland Islands. But... more ››
October 18, 2013
Do Americans Understand Energy? Not Really
Sheril Kirshenbaum, SA
The latest wave of the UT Energy Poll just came out (full disclosure: I am the director) and results highlight the large disconnect between energy and the American public. The poll is a nonpartisan, objective, and comprehensive... more ››