Every so often, you notice that something's really different. Hey, you might think, no one's worrying about the Ukraine these days. Or gosh, you might say, I haven't heard anyone say what a great guy Jeff Bezos is lately.
You probably haven't heard anyone gripe about gas prices recently, either: As of this writing, prices have fallen 31% the past 12 months, to an average of $2.32 a gallon for regular unleaded, according to AAA. The one exception is if you work in the energy industry--or if you've invested in it. Morningstar's recently revised long-term price outlook for oil is in the $64 to $70 range, and that makes energy stocks an interesting proposition for long-term investors.
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John Waggoner does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.