high energy prices and we can expect them to remain high, and that means from everything you pay at the price at the pump and the grocery store. how do you offset those cost increases? you can invest. here to tell us how to do that is jim. welcome back to the show. there are a lot of different ways to play high oil prices. you ve got a fund that you re following that you think my average viewer can get involved in as a way to look at oil prices. it s the iye. yeah, the dow jones energy sector, and basically it s a cheap and efficient way to play the long-term growth in the price of oil, and it s a portfolio that duplicates the dow jones oil and gas index, so it s got oil and gas companies in it, oil and gas production companies, it s got companies that transmit oil and gas, it s got companies that make oil and gas drilling equipment, and it s got service companies. so it gives you a basket of companies all levered to the price of oil and a low-cost
following that you think my average viewer can get involved in as a way to look at oil prices. the iye. the dow jones energy sector. basically it s a cheap and efficient way to play the long term growth in the price of oil and it s a portfolio, duplicates the dow jones oil and gas index so it s got oil and gas companies in it, oil and gas production companies, it s got companies that transmit oil and gas, it s got companies that make oil and gas-drilling equipment and got service companies, so it gives you a basket of companies all leveraged through the price of oil and low cost efficient way to invest. this went up over 33% in one year. any time you re and i commodity like oil that can be subject to short term speculation and geopolitical events there s always a chance it could have a short term correction. if you believe long term there s