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Sector: Utilities
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Industry: Electric Utilities
RRI Analysis & Videos » RRI: Bull or Bear?
Some oil stocks for your portofolio from Kiplinger
RRI
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Reuters
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With the economy facing soaring crude oil prices for the past year, consumers and drivers have seen a major impact on their savings. It could seem as though the good old times are over. Gasoline at $4 a gallon is not something we can ignore, and if we take into account that Americans consume nearly 40% of the world's gasoline, you can see where the problems begin. So the surge in oil prices came with an imminent effect on consumers, who had to cut back on their spending.
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