The recent selling in the markets has pushed some energy stocks down to bargain levels. Still, unless the global recovery comes to a screeching halt this year, we should see an increase in demand for oil and gas.
While we hear talk of alternative fuel sources, the simple truth is that those fuel sources will take time to hit the mainstream. For the time being, oil and gas will remain the primary fuel to provide energy in the United States and most of the developed world.
Thus, long-term investors should consider staking out a position in these value energy stocks before their recovery potential is fully recognized.