Nomen Nescio wrote:
From:


Really? Got a $100K I can have to invest in the oil companies? I
don't have it myself, so your suggestion does me no good.


You don't need nearly that much to hedge your fuel costs (unless you
burn one HELL of a lot of gas).

Check out Canadian Oil Trusts
(disclaimer: The following are some of my trades....I do this s**t for a living.
Your results may vary)

Canetic Resources Trust (CNE)
Purchased $12.28 on 3/15/07
Current $16.17
Gain 34%
Current Annual Dividend Yield 13.8%

Harvest Energy Trust (HTE)
Purchased $19.95 on 1/9/07
Current $30.54
Gain 52%
Current Annual Dividend Yield 15%

Pengrowth Energy Trust (PGH)
Purchased $14.88 on 11/14/06
Current $19.21
Gain 28%
Current Annual Dividend Yield 15.6%

Penn West Energy Trust (PWE)
Purchased $27.52 on 1/10/07
Current $35.78
Gain 28%
Current Annual Dividend Yield 11.8%

They all have had a fairly good capital gain, but there's
still some upside room to move. A few political problems
in the mideast, or a good hurricane in the Gulf of Mexico,
could send them up quite a bit. And I don't see the price
of oil taking a dive in the near future, either.
But if not, an 11-15% dividend yield is nothing to **** on.
The dividends are paid monthly, also, which increases the
effective yield.
Oh, and as I'm typing this, Valero just announced that two
of their refineries are going down for "unscheduled maintenance".

I'm still holding all the above companies.

Still think it takes $100k?


Thank you for helping to make my point sir.