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Home » Business And Finance Articles » Oil Stocks As A Long Term Investment

Oil Stocks As A Long Term Investment

The demand for world oil is increasing while world reserves are decreasing. This is a known fact. The current price of oil can certainly confirm this statement. Consensus also agrees that we will never see $25.00 oil again. The logical conclusion to our above statement is oil stocks should be a good long term investment. However, the location of the oil companies' reserves can affect their bottom line and valuation.

Some of the largest reserves in the world are found in Venezuela, Saudi Arabia, Russia and Canada. Political unrest in Venezuela, unstable and unpredictable government in Russia and Osama Bin Laden targeting Saudi Arabia leave Canada, namely the Alberta Oil Sands, as the largest, most reliable oil reserves in the world.

Companies like Exxon Mobil Corp., Royal Dutch/Shell Group and Canadian Natural Resources Ltd. are planning to spend billions during the next 10 years to develop Alberta's unusual oil deposits as demand for crude rises and output from existing reserves decline. Oil sands output in Alberta may double to 2 million barrels a day by 2013, according to a presentation by Enbridge Inc. earlier this month. Oil sands are deposits of bitumen - heavy oil that must be treated to convert it into crude oil for use in refineries to produce gasoline and diesel fuels. The U.S. Energy Department revised its global oil resource estimates to include the oil sands 174 billion barrels of proven reserves that can be recovered using current technology.

With demand for oil and other commodities from China and India increasing due to their growing economies, strong trading relationships are procuring with Canada - a country with numerous resources, political stability and neutral military views.

Companies with reserves in the Alberta oil sands look like a great investment for the next decade.

There are many companies with reserves in the Oil Sands here are some with strong exposure.

Suncor Energy Inc. SU.tse , Western Oil Sands Inc. WTO.tse and the Canadian Oil Sands Trust COS/UN.tse

And here is another random article you might be interested in...

The Traveling Office: Organizing Your Car

"I wish I had ____ with me." You fill in the blank. How many times have you been off-site, meeting with a client, only to discover you were missing a form or a brochure that would have helped you wrap up a discussion?

Whether you are in sales, real estate, consulting or a variety of other jobs, travel is usually involved. Even when you spend most of your day in an office, you still have to travel back and forth, often bringing work with you, or you might be meeting a client for lunch, and have that, "I wish I had..." comment running through your mind.

Here are some basics that would benefit everyone.

Front Seat

Calendar: Since everyone is now reachable at any time by cell phone, you would want to have a calendar handy, whether paper or electronic. If you use an electronic calendar but are not syncing with your PDA, then you can periodically print out a monthly calendar and carry that with you.

Notepad: If you have to pull over for an extended talk with a client, you want to make notes on the conversation. Do not count on storing everything in your head for later. Write it down now.

Index Cards: Carry these with you at all times. They can go in your shirt pocket, purse, briefcase, and car. Whenever something comes up that you need to do or want to remember, write it down on an index card. When you get back to the office, staple that to a full sheet of paper and place it in your Daily Action file.

Mileage Log: If you have it close at hand, you will be more likely to remember to record the miles traveled. It is so much harder to do this once a month or to recreate the data at the end of a tax year.

CDs: If you want to make good use of all the travel time, this is an opportunity to listen to recorded business books or to conference break-out sessions. On the other hand, if it is advantageous for you to relax before a meeting or while headed home, pick some music that unwinds you.

To store these materials, you might consider an auto organizer with multiple compartments, one that ties over the headrest and sits against the passenger seat. It provides easy access. When you have a passenger, you simply move it around so that it hangs in back of the seat, still within reach.

Have a zippered plastic case for extra pens, pencils, and other basic desk supplies. You do not want all of these to be loose in case of sudden stops where they could become flying projectiles.

Back Seat

Casual Reading: Have a folder of materials handy to grab any time you have unplanned open timeâ€"stopped traffic or arriving early for an appointment. It will allow you to effectively utilize your time while you wait, and in turn will lower the potential stress caused by the delay.

Map Book: Even if you have a GPS system, it is a good idea to have a backup for emergencies.

Umbrella: Do not leave this in your trunk. It does not cover you when there is a sudden downpour while you are heading into a meeting.

Trunk

Forms and Brochures: Use a small travel box or crate that holds hanging file folders. That way you can keep a supply in the car without having to guess what you may need every time you head out.

Product Samples: Get plastic bins that can contain your products. When you have them organized in containers, it leaves more room in your trunk.

Grippers: These pieces cling to your trunk carpeting and keep things from sliding around. Place them strategically at the corners of your containers.

If you use something up while you are out, make a note on an index card so you will remember to replenish that item when you get back.

Returning to your office, be sure to take out all of the new materials-order forms, business cards, conference bags, ToDo index cards-and bring them in right away. Replenish anything that you have used up. This will ensure that you always have what you need at hand, and your car does not become a clutter trap.

Your car is a reflection of you and your methods. If you find yourself embarrassed or apologizing when someone unexpectedly has to ride with you, make changes today.

The preparation will add to your confidence as you head out to your next meeting knowing that you have what you need. You are in control and you look the part.

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