(Although my meager nest-egg is invested very conservatively, there is a logical reason why I should bet on an oil price increase: We buy a lot of fuel so owning oil would be a good hedge against future hikes in our fuel costs!)
Prompted partly by this thread, I’ve been clicking in Google Finance. A stock that caught my eye is Wells Fargo (WFC). Over the past six months it’s performed worse than Chevron; one report (which I didn’t understand) attributes its price fall to the falling petroleum price. I wonder if it would be a less risky (though less rewarding) way to make this play. The bank is very profitable. I like that it’s one of Warren Buffett’s biggest holdings.
What do Dopers think of WFC as a very conservative oil play? (And why is its price supposedly tied to oil? 
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Disclaimer: I am very conservative and even buying a banking stock would be unusual for me. My biggest holdings are the non-cyclicals JNJ and MO. I literally pay no attention at all to the market for years, with stocks like JNJ and MO, stock market plunges are almost irrelevant to me. JNJ roughly tracks the SP500 long-term (missing both the crashes and the booms) while MO has outperformed the SP500 for decades.
[off-topic] I’d like to see a graph of MO performance, dividends reinvested, over the past half-century or so. I tried to find or construct such a graph via Internet but gave up. (I found one site that might have info, but it was pay-per-view.) In another thread, about finding old stock prices, I saw
@ Omar or anyone: Can you point me to the data I’d need for my long-term MO graph?