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JBL: Drilling for Dollars

Stock quotes in this article: GSF , ESV , RIG , APC , PTEN , BRNC , BP , APA  

The Middle East is a powder keg. No matter who is right or who is wrong in this mess between Israel and Lebanon, it is a mess that could get a lot worse.

I hope it is settled peacefully, but since I have no control over it, and with oil approaching $80 a barrel, there is no sense in not making some money.

With oil and gas becoming harder to find, drilling companies are sitting in the driver's seat. Global Santa Fe (GSF Quote) and Ensco International (ESV Quote) are two that are going to benefit. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
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