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Murphy Oil knows production eventually turns into profits

 Apr 29, 2009 10:30 PM UTC
Return Risk
+0.67% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
MUR Positive 04/29/09 +22.68% 08/26/09

Graphic_arrow1 Via BloggingStocks:  

Filed under: Oil, Stocks to Buy

The Obama administration's admirable goal to create a more self-reliant, energy-independent nation and the impact of efforts to first limit, then eliminate global warming from fossil fuels opens the door to alternative energy source development.

But, as Saudi Arabia reminds us, and the world, barring a breakthrough technology, fossil fuels will remain a major energy source for at least the next thirty to fifty years. In other words, the reign of oil has merely paused, not ended, which is why it's prudent to review Murphy Oil Corporation (NYSE: MUR).

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Murphy Oil knows production eventually turns into profits originally appeared on BloggingStocks on Wed, 29 Apr 2009 17:30:00 EST. Please see our terms for use of feeds.

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