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Oil stocks are going to be strong for a long time. Oil is still a huge controllable commodity that is used to produce more than just gas for your car. Think about all of the products that are made from the burning of oil for energy and the hesitation and lack of infrastructure to move to another energy source.
Now think of how many countries do not even have the capability to produce nuclear power. I see another 10-15 strong years for the oil industry.
PVX - a good buy now
PWI - slightly high.... let it drop about .50-.70
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