Late 2016 gave rise to much celebrated oil revival for energy investors… but can the rally last?
So far, 2017 is looking good for oil and gas stocks. The Wall Street Journal reports that sales of stock during the oil price dip helped many companies get through those tough times—and now they’re thriving.
How long will the oil rally last? Several indicators point to a short-lived revival, as the popularity of alternative energy, political activism, and problems within the industry conspire to bring fossil fuel dominance to an end.
Here are the issues energy investors need to watch in order to safeguard their oil-investment dollars.