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Someone suggested UGA when I recently started a thread "Gasoline Futures, Anyone?" I've not used ETF's in my IRA, so I'm hesitant to do so. Especially one that's so new. Can you educate me about the possible pitfalls?
Also, FIRE'd@51 mentioned simply tracking oil prices would have a similar effect. Are there ETF's or similar instruments that track oil?
Buying stock in an oil company might work, but I'm worried that the new crowd in Washington may be pretty tough on them; we could have oil going up but profits and stock prices going down.
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