Is it a good idea to invest in Oil & Gas Drilling & Exploration as stock?

Question

Is it a good idea to invest in Oil & Gas Drilling & Exploration as stock?

Answer 1

Although, given the petroleum shortage, these could be highly lucrative, they are also highly speculative, and are no place for money which you are going to need to use in the foreseeable future.

Answer 2

No one knows.

What is your risk tolerance? How does this stock fit in with your overall asset allocation?

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Answer 3

The drillers have had a pretty good run up lately.  It might be kind of late now.  But oil and natural gas prices are still high and rig counts have been rising in recent months.  It might last a little while longer.