4 Energy Stock Stories for Investor Perusal
Royal Dutch Shell (NYSE:RDSA): Current price $68.56
Shell’s search for oil off the Arctic coast of Alaska will face fresh scrutiny by the Interior Department due to a number of mishaps in 2012, including its losing control of two drilling rigs. Interior Secretary Ken Salazar said that a 60-day examination of drilling in the Beaufort and Chukchi seas will be used in looking at future permits for Arctic exploration. Meanwhile, environmental advocates hope that the review might lead to more robust government rules and even make Shell suspend its efforts.
Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.