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Special Energy Indicator Points Toward Higher Gas Prices – and a Potential 467% Profit Play
Here at Money Morning over the past six months, we’ve talked a great deal about oil and gasoline prices. We’ve offered our predictions about how high those prices were going, and have detailed a number of investment opportunities – chosen as much for their margins of safety as for their profit potential.
This time we’re going to detail three energy stocks with the potential for double-digit – or even triple-digit – profit gains. Admittedly, these are longer-shot, speculative plays. But we used a special energy indicator to help ferret out these energy plays.
This indicator is known as the “crack spread.â€
In case you’ve…
13Jun2008 | Money Morning | Comments Off | ContinuedMineral Rights: Landowners are getting rich
With food and energy prices making climbs higher and higher nearly every day, somebody must be getting rich. But who? The gas stations claim they can barely get by. Farmers are protesting their own rising costs. And Exxon Mobil shareholders have little to smile about. Share price has barely risen over the last year.
Well, it looks like at least one small portion of the American population will be making money from this mess. Landowners in Pennsylvania, West Virginia, and even parts of New York have folks knocking at their doors almost daily. The checks they are willing to write are getting bigger by…
30Apr2008 | Guest Contributor | Comments Off | Continued
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