re: oil prices ... (tagtash)
"just out of interest what oil based shares do you think are going to benefit more than others from the growing oil price"
I guess I favour the producing majors (WPL especially)
Then come the smaller producers with good exploration prospects - there are bevy of these and if the oil price goes through the roof all will do well.
I hold ROC and STU as my 'second liners' and reckon that both have excellent prospects and oil exploration areage.
I have been looking long and hard at HDR but there is so much hype surrounding the stock that I tend to shy away (that does not mean it won't run - it could well be a tearaway winner). It just does not fit in well with my risk criteria.
TAP is another on my radar .... there are plenty to chose from but I still reckon WPL is the safest and surest stock to be in if (when) there is an oil price explosion.
