RE:RE:FED's say a recession is coming!
Oil is why we have the standard of living we do.
It provides all modes of transportation, power for manufacturing, agriculture & construction, heating and cooling our homes, cooking on appliances. Man has spent more than a century perfecting the consumption of refined oil and squeezing every bit of energy/heat from every ounce.
We have it all with oil and it won't go away for decades. Plus, all of the third world want what we have and who can blame them. And there's a lot more of them than us so demand is not going away in our lifetimes.
Buying energy names right now is like buying your first home. Just do it !