Buying Into Canada’s Oil Bonanza

Canada's oil sands have become increasingly attractive to big energy companies as the soaring price of crude makes it profitable to exploit them. But how can investors take advantage?

The Katrina hurricane, which knocked out a significant portion of US oil and gas production, is likely to shock Americans (at last) into giving serious attention to their long-term energy supply problems. The impact Katrina has made on global oil markets is also likely to intensify efforts by countries and by the big oil companies to gain access to secure supplies.

This is further confirmation that, as I have been arguing for some time, energy and in particular oil is a sector that should be a major part of your portfolio.

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