Here in the U.S., the nation remains under 25 days' diesel supply.With cold weather and snow pressing across the Northeast, American citizens are forced to cut back on heating oil.They’re turning off their thermostats – wrapping themselves in blankets – and shivering in front of Netflix..
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Grab the Three Cheapest, Best Oil Stocks to Buy This Morning
Oil is sitting at prices we haven't seen since 2018, and gas is averaging above $3.08 nationwide.
You can more than offset the "pinch at the pump" with three small oil stocks Mark Sebastian's going to name.
For less than the price of a tank of gas, you can double your money – or better.
One of the Best MLPs to Buy Now Pays 9.7% and Could Grow 111%
Speculators are doing what they do best and inciting fear and panic over the latest dip in oil prices.
But don't worry about the short-term news.
The world will continue to need oil for many years to come.
And one of the best MLPs to buy now pays a 9.7% dividend.
The 3 Best Energy Dividend Stocks to Buy in March
Over the last month, oil prices have remained relatively steady after their 31% run up from late December to mid-February. This is largely attributable to the United States adding more supply to the market.
But every day, it seems like there are new concerns about global economies. No Brexit plan is in place despite this month's fast-approaching deadline. China has slashed its 2019 economic growth outlook. The ECB reduced its growth expectations last Thursday. And on Friday, the U.S. Labor Department released a chilling jobs report that fell well short of economists' expectations.
All these factors could weigh negatively on the price of oil. But despite these challenges, oil prices are poised to move higher in 2019 and 2020. Today, we're going to explain why oil prices will move higher in 2019 and 2020 – and give you the three best energy dividend stocks that are poised to break out according to the Money Morning Stock VQScore™ system.
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