RE:I wish pump prices could drop at the same rateYou are looking at it all wrong.
I LOVE high fuel prices! The higher the better!
Every time I fill up at these prices I smile, because I know that my money, and the money from all those grumbling around me is coming back to me thousands of times more, by the fact that I own so many Canadian energy stocks.
Suncor extracts, upgrades, refines, and markets it as it is a vertically integrated company, raking in cash at every level of the business.
Owning Suncor is a hedge against high energy prices and against inflation for all on a personal level.
Everybody should protect themselves, and buy shares as a matter of sound defensive financial planning. Next time you hear someone compaining about the high price of fuel, tell them to buy some energy stocks.
Spread the word!
mbuch wrote:
as they go up with respect to the price of crude!