MarkWest Energy Partners LP (MWE)

[Belek]

A Snip from my Oil & Energy Insider Premium newsletter

I’ve meticulously advised readers to stay away from oil and oil stocks throughout the summer – and we’ve been rewarded with nothing but lower prices and fewer headaches. But the time has come.

Start building positions in shale oil stocks. My favorites remain EOG resources, Cimarex (XEC) and Hess (HES). If you see EOG near $75 again, or Hess near $57 – jump.

And if you’ve got real courage, go long some back month crude oil too. I am going to restart my rolling long oil position I so ignominiously got stopped out of on Thanksgiving in 2014 – but was still massively profitable through the 4 years I had it on, despite the 2014 loss. Oil’s about to start a very long climb.

And your patience in both is about to be rewarded.

More snips later, advised to buy a few Tankers for short term hedge'

stay tuned in
Jeff