IEO

For those that are brave enough to invest in energy companies, I suggest sticking with strong, well-capitalized companies that can withstand lower prices for longer periods.If oil prices were to spike, higher leveraged oil companies would outperform, but given present slow upward movement in oil prices, a more cautious approach may be wiser.I expect slow, steady economic progress with WTI prices staying in the low- to mid-$40s price range for most of September.