investing in oil is once again all the rage... i wonder how surprised people will be when the price collapses under the weight of brimming supplies. nat gas is reacting to the supply/demand scenario, while oil is not. that simply won't last. at these prices producers will continue to increase production until there is no where to store it. anyone else getting a kick out of watching the premiums on the funds like ung grow to ridiculous levels? investing in energy is not as simple as everyone thinks. and as far as sinopec... the chinese government tells them exactly how much money they can make. they were recently allowed to change to a market-based pricing system. who knows if that will last. comparing their earnings yr/yr is pretty much pointless. good luck with that as a long-term investment.