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Massive blood in the streets on energy stocks for obvious reasons. The XLE spider went down about 75%. Supply gluts everywhere. What I'm wondering is whether we are seeing a once in a lifetime opportunity to buy investments when no one wants anything to do with them?

oil prices went up a bit today and I saw a decent rise on my oil stocks in the morning. Im certainly no expert but I have price alerts set for XOM, CLR ( very risky as just downgraded) and OXY and plan to slowly pick up more but Im looking years out.

The question is, is this temporary, or is this permanent. The problem with “energy” funds is that they are really fossil fuel funds.

The lifetime question is how fossil fuel stacks up, economically, to things like solar and wind. To paraphrase an old saying “they are not building those windmills with losses”. The cost of installed solar is continuing to come down by about 3% per year. Over a lifetime, that means the cost of solar will come down by 80% or more. And the installed cost of industrial solar (in high sun areas) is now considerably below $0.05 /KWH.

Whatever it does, the cost of fossil fuels is not on a continuing cost reduction path. A major competitor is. Bet accordingly?

Most oil investments are minimally limited to those individuals that are "accredited".

But you can still buy oil company stocks as shares, or get into a pooled investment with other unaccredited people.

Careful which company you pick.

Without heavy govt ( tax payer) subsidies solar and wind don't per form that well, not that reliable required constant maintenance and was expensive. And I lived off the grid on wind and solar for 15 years.

I've bought some oil company stocks over the last couple of weeks, BP, XOM, and RDS-A & B. $20 oil isn't going to stay that way long so I grabbed some at the cheap prices.

I wish Trump would expand the capacity of the strategic petroleum reserve and max that out at these low prices.

I've been thinking of buying some Vanguard Energy ETF(VDE) if it dips below its current 52wk low.
Though we shall see. In the next 10 years, electric vehicles will become increasingly common.

RDS/a pay tax on dividends to the Dutch. I would stick with b shares.
Read recently that some missiles were intercepted over Saudi Arabia. A few direct hits would send oil sky high.
Hasbeen

He has and is as we speak.

Pipe line stocks usually pay good dividends as well.

Which ones ?

KMI might be worth a look at these prices, I think they have a good balance sheet and a 7% dividend. They pump and transport gas and oil, so demand is down but if they survive with the current dividend in place it's a nice buy. They got smacked during the last oil turn down and have been lowering debt the last five years or so. As long as gas and oil are flowing they get paid, but expect a bad quarter or two with demand down.

Low oil prices will cure low oil prices. The Middle East will become more and more unstable with low oil prices. The Saudis are whistling past the graveyard by engaging in a price war with Russia and the rest of OPEC. They’ll run out of cash within six to nine months and their kleptocracy will collapse just as soon as they run out of cash just like the rest of the kingdoms in the gulf. When that powder keg blows the price of oil will skyrocket. The Russians aren’t much better. Russia and OPEC/Saudi Arabia will make a deal sooner rather than later.

Thanks Norm.

Have been looking at some royalty trust just for grins also .

thanks

have bene considering dipping my toe in vanguard energy. No cash in real life now, but I have some cash equiv in my retirement left.

10 year horizon, thinking I am in good shape with an energy buy.

Not sure if I would count on any of these stocks keeping the current dividend. That being said, whenever this virus stuff passes, the demand comes back, and a couple players implement some price strategies, oil will double in price or more.

Don’t worry about Exxon dividends.

Yes, if your in the US always buy RDSb not a. Unless your a European citizen you pay a 15% tax on a share dividends. b shares are from the British exchange and don't have the 15% dutch tax. I had to explain this to my broker a few weeks ago. He tried to buy me a shares because that's what he had just bought himself. I insisted on b shares.

Bb