There won't be many stocks that will--but the few that do will perform extremely well, even if the economy takes a hit. Let's take a look at why oil stocks should prosper in 2008.

Bog Oil's Platform

One of the key ways that the struggling U.S. economy has touched Americans is higher prices at the gas pump. Oil prices have skyrocketed to record highs, forcing Americans to empty their wallets to fill their tanks. No wonder oil stocks have done so well as of late.

Wall Streeters believe that relief in oil prices is in sight, reasoning that this economic slump in the U.S. will cause oil prices to plunge in 2008. But don't bet on it. OPEC has become addicted to high oil prices, and they're ready to close down production if oil dips below $80 a barrel. And not to mention that the White House has been aggressively buying oil and stocking it away in the Strategic Petroleum Reserve. This buying pressure will continue to push oil prices higher in 2008. And you can bet oil stocks will benefit from this.

The reason why the White House is scrambling to double the amount of reserves is simple to grasp: Stable prices at the pump soothe an inevitable electorate. And at $3.50 a gallon, everyone may grouse, but no one's trading cars for bikes.

Big Oil's Big Rise

Meanwhile, of course, 6 billion people worldwide are doing the opposite and trading in their bikes for cars. So count on higher oil prices in 2008 -- spiking up to $150 a barrel, no doubt.

So how do we profit from this trend? Oil stocks. Home grown pipeline layers and refiners are the smart way to play the high oil prices we'll see this year. These companies offer the safety of domestic investments, as well as dependability during rough economic times. Buckeye Partners (BPL) pumped out a sweet mix of dividends, safety and growth (total return was 20%) for Young's Intelligence Report subscribers in 2007. And with a price-to-earnings ratio of just 16 and still not enough pipelines in the U.S. to meet demand, it's a no-brainer.

Kinder Morgan's (KMP) pipeline business is simple and predictable -- huge pluses in this particular business. The company's new pipeline gets natural gas from the Rockies to Pennsylvania for the first efficient market in this resource ever. It's an exciting project, and it will surely pump plenty of cash (a 7% yield!) to shareholders.

If you are ready to start profiting from oil's inevitable price rise and learn about other ways you can prepare you investments for the changes coming in 2008, join Richard Young's Intelligence Report today! Sign up right now, and you'll also get immediate online access to 7 of Richard Young's special reports! Try Intelligence Report for a full six months at absolutely no risk. If you're not 100% satisfied, if you're not making healthy investment returns Richard Young's advice, or would like to cancel for any reason, just call us during your first six months and we'll refund every penny of your subscription fee! It's that simple! Sign up today!