How to Play This Pullback in Energy Prices

The best time to look at buying in any market is when it’s on its lows. And one sector that is being beaten like a dog right now, is offering some great buying opportunities on the cheap. Energy. Since January, oil prices have traded at or near $100. In fact, prices got so high in June that the Obama administration released 30 million barrels of oil from the Strategic Petroleum Reserve (SPR). However, fast forward to today … We have the aftermath of the debt debacle and the downgrade by S&P; and crude oil has pulled back dramatically. The fall in prices has been mainly due to concerns over an even deeper recession in the U.S. and . . . → Read More: How to Play This Pullback in Energy Prices
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