The Time Is Right For Oil Stocks

It was shocking for many people to see gasoline prices plunge below $2.00 per gallon.  Gasoline, a prime derivative of oil, had been riding a one-way ticket higher in price on the back of ever climbing oil prices. Fears that the earth would soon run out of oil were widespread under the “peak oil” theory causing tremendous fear that prices would never decline.  Add in the never-ending middle east tension and a very bleak picture emerged that oil would ever decline in price. Well, things changed and they changed fast! To the dismay and surprise of “peak oil” theorists, oil prices pl...
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