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Energy ETFs Don't Eliminate Deepwater Drilling Risk

Morningstar's Paul Justice sees the issues facing BP as being industrywide and that investors should look at smaller oil explorers and natural gas plays instead of buying a basket of oil majors.

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Jeremy Glaser: Do energy ETFs mitigate risk? I am Jeremy Glaser with

With more investors looking to the ETF structure as a way to invest in the energy industry in light of the BP oil spill, does it actually make sense?

Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.