Shares of this oil giant provide strong and stable returns and are less risky, by some measures, than Treasury inflation-protected securities.

You have to wonder how safe oil stocks may be with the potential of windfall profit taxes which will be more likely with a Democratic president and congress.

 

Submitted: Jun 24, 2008    Views: 102    Comments: 1    Likes: 2   


View Article: http://www.kiplinger.com/columns/picks/archive/2008/pick0620.htm


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AronLiv
AronLiv

The windfall profit tax is a risk, but it isn't the only one. The stock has been up only 1% since oil was at $100.

Posted: Jun 25, 2008



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