And with that, I am officially out of the oil business...
I had held onto XOM and KMI for the past few years mainly for the dividend...but this latest deal with Russia and OPEC was the final straw.
There are way too many other companies out there on sale right now to keep these on board.
It was interesting to watch closely while making the trades, the stocks I wanted I kept chasing up while the stocks I was selling I kept chasing down. This told me I was doing the right thing and I finally just made it happen.
Good riddance oil, now I can feel good again about buying sub $2.00/gal gas...
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Lance
1985 Monte Carlo SS Street Car
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