PowerShares Dynamic Energy Explor. (ETF)

• Oil & Gas Exploration; Three ETFs Focused on this Risky Enterprise

  By Jeff Stouffer - September 17, 2012 | Tickers: IEO, PXE, XOP

  According to a client of mine that works in this industry, “punching a hole in the ground and expecting to find oil is akin to speculation.” Oil & Gas exploration relies on technology and tools to find expected sources of energy and only when it is uncovered will the explorer be able to make the second estimate; how large the source of energy is. In essence the holes that pay are more »