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i would say xom or COP because COP has their hand in other stuff that is profitable and not just in oil. They are doing work with liquified nautral gas (LNG) and also attained a huge deal in Russia joint venture. They also have most of the new refineries that can deal with the crude oil with high sulfur content since most of the other crude is rare since it got burned up with the idiots setting fires in Kuwait etc.... Hope the info helps. I think either has good potential but I would go with COP.
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if my trend line is correct, oil should bounce off of or near 55.00. Look for a company you want with a chart that coincides with the oil chart.
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It is because people freak out thinking that if the prices go high that the inflation will overpower the value of the stock. As long as people are willing to pay that much a barrel ($60) then they do not worry so much about the inflation... That is what I have noticed from reading stuff. But generally their profits are going to be so astronomical because the oil companies have leases for 2-5 years that allow them to get barrels at say $36 but the market going barrel is $60. That is why you see them posting such high profits and giving high dividends... COP defintely just has a steady up curve since I have had it...
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