Energy Stocks Aren't Running on Empty Yet

Strong oil demand and high prices offer investment opportunity for investors willing profit from the last days of the carbon economy.

Published: 03-Apr-2005

The party might not be over for investors hoping to profit from rising energy prices, though oil and coal stocks as well as raw-commodity prices have posted big gains.

"It certainly isn't early," said Ken Crawford, who follows the energy industry for Argent Capital Management in Clayton, "but I don't know that it's late."

Investors who might put money into oil or energy plays must weigh the long-term prospects for prices, he said. "Is $55-a-barrel oil normal, or is $35-a-barrel oil normal?"

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