Although gas prices have come down in recent weeks, they still don’t reflect the drop in oil prices. My oil stocks have taken a beating (as has pretty much all of the stock market). Sometimes, all you can do is smile and take it. A little humor sometimes help to keep things in perspective.

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If $4-or-more-a-gallon gas is what we face this summer, then it’s time to find a way to handle it. Here’s one way to ease the pain: Invest in something that benefits from high gasoline prices.

What are the best plays on expensive oil?”

I don’t think that’s a real hard question,” said James Paulsen, chief investment strategist at Wells Capital Management, which is a unit of Wells Fargo. “Oil stocks will do well or you can play commodities and basic materials because commodities are going up and the dollar’s becoming weak.”

True. Oil is the commodity that’s sky high. And all the mega oil companies are up strongly. If you’ve owned any of the major integrated oil companies for a while, it’s probably not all that distressing to watch gasoline prices go up.

That group, according to the S&P 500 energy index, has just about tripled in value in the last five years.

Links

• Read the full article (23KB PDF)

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These record profits come as gas production fell around the world. Gas prices remain above $4/gallon throughout most of the United States. Rising oil prices are being fueled by increased demand from China, India and other parts of the world.

The bottom line? It’s good to be an owner. Aren’t you?

Links

• Rising Oil Prices Swell Profits at Exxon and Shell - NYTimes
• Another record profit for Exxon - BBC News

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Laguna Niguel, CA–July 25, 2008–DriveFreeForLife (www.drivefreeforlife.com) today introduced the “free gas” calculator. This tool shows consumers how they can fight back against high gas prices — and even fill their tank year-round for free!

Free gas sounds like a gimmick–too good to be true. But the methodology behind the free gas calculator has been time-tested by the wealthy and corporate entities for years. The calculator simply puts this same solution into the hands of virtually any consumer.

“We’re all concerned about the rising price of gas. Now there is a simple approach to offset that cost and essentially erase your annual fuel bill,” said Jeff Hester, the driving force behind DriveFreeForLife.com. “The Free Gas Calculator makes it easy for anyone to understand and apply the techniques previously used by only big corporations and the wealthy.”

The calculator provides a simple form for consumers to enter their driving habits and vehicle mileage per gallon (MPG). Consumers can play “what if” with the price per gallon of gas to calculate their total annual fuel costs and learn how to erase that cost.

“Most everything we hear about rising gas prices is negative,” said Hester. “However, there are many positives — such as increased research into alternative fuels, better public transportation and less traffic. By using the free gas calculator, consumers no longer need dread filling up their tank.”

Case in point — nearly every airline has recently reported losses due to rising fuel costs — all but Southwest Airlines. What does Southwest Airlines know that the others don’t? They simply apply the ”secret” behind the Free Gas Calculator. And now the Free Gas Calculator is available online at http://www.drivefreeforlife.com/free-gas-calculator/.

About DriveFreeForLife

DriveFreeForLife is a no-cost consumer resource that teaches thousands to think differently about rising fuel prices, with tools and advice that helps people not only survive, but thrive in this era of high oil prices.

For more information, contact us.

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How would you like to pay absolutely NOTHING for gas to run your car? Learn how the rich get richer, even when gas prices are heading to $5 per gallon.

Best of all, learn the secret that could let you fill your car with gas for free!

Coming this month!

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