Oil's Not Coming Back. Here's Why
This is a very good article about why the price of oil will stay around $60 per barrel. We have a situation of declining demand while the supply is still rising, and this situation will exist through this year as well as 2016. So, a lot of oil stocks and ETFs are dead money for the immediate future. However, natural gas stocks are a different story because utilities are switching to natural gas, and we are getting ready to export natural gas. So, I am long UGAZ (natural gas futures) and some natural gas companies.
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