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To reach the break even price for a barrel of oil, that price must reach at least $50 per barrel. The current price of crude oil is $61.44 as of May 20, 2009. Oil industry experts have determined that the $50 price is a break even point for oil company profits.

Opec is projecting that the demand for oil world wide is expected to be down for next year. The main reason for the lack of demand is the world wide economic slow down. Opec has cut production recently to adjust for the lack of demand. However, the oil prices have still come down significantly since last summers high prices.

The retail gas prices are down from the prior summers high by some 40% according to AAA auto driving club. Due to a combination of summer driving and a cut back in the oil refinering gas prices have recently increased by 13%. Economist believe that the US economy is schedule to show a recovery by 4thquarter 2009. That recovery will increase the demand for crude usage.

The American Petroleum institute was expecting an oil per barrel inventory of 370.7 million barrels in the US inventory. The oil analyst were expecting a gain of 1.4 million barrels. There was a loss of 3.13 million barrels. The expected July benchmark delivery of oil is $60.80.

The following are energy stocks that you should investigate. ConoPhillips (COP) has a recent stock price of $46.92 as of May 20,2009. The 52 week high/low price are a High of $95.96 and low price of $34.12.

The consensus EPS estimate for (COP) is 3.09 for December 2009, the EPS estimate for December 2010 the EPS is $5.84. The dividend yield is currently 4.10%. The ex dividend date is 5/21/2009 while the dividend pay date is 6/1/2009.

The other oil company to consider is (MMLP) called Martin Midstream Partners L.P. common units. The most recent price of the stock is$18,41 as of May 20, 2009. The 52 week high/low prices are as follows; A High price of $36.60 while the low is $12

The dividend yield is 16.43% with a ex dividend date of 5/9/2009 and a dividend pay date of 5/15/09. (MMLP) is located in Kilgore, Texas. It is listed on the NASDAQ.

The other energy company to consider to purchase is (XTO) XTO inc. The company is based in Fort Worth, Texas. The current price of the stock is $43.20 as of May 20, 2009. The 52 week high and low price are the following; the high price is $73.74 and the

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