While the world’s slowly moving toward greener, windmill- and solar-powered pastures, the future of oil isn’t in doubt. It’s going to be in demand, particularly as the Asian and Indian economies keep pushing up demand for cars.

In that spirit then, I’ve selected five dividend-earning stocks that are out-paying almost any of the major blue-chip stocks. This isn’t a comprehensive list, but it’s one that could provide a great boost to any long-term portfolio:

Note: Dividends were calculated as of this writing, and are subject to change with movement in stock price.

To date, three Oil ETFs have been shuttered, and it’s likely more are on the chopping block. The recent G20 summit in Pittsburgh, gave the US Commodities Futures Trading Commission (CFTC) more power to investigate “market abuse.” The CFTC even went as far as signing an information-sharing agreement with the British Financial Services Authority.

In England, there’s talk about phone-tapping as a way to detect abuse. All the while, regular investors could be trading Oil ETFs on the brink of closure (and, in rare cases, won’t receive advance notice).

Here’s a recap on the three closed funds:

1) MACROshares $100 Oil Down Trust (DOY). Died June 25, 2009. DOY was an inverse fund that tracked the spot price of West Texas Intermediate light, sweet crude oil (WTI). The ETF reached a pre-determined termination trigger detailed in the prospectus. Its forced closure (a result of the trigger) was announced on May 15, 2009.

2) MacroShares $100 Oil Up Trust (UOY). Died June 25, 2009. UOY tracked the spot price of West Texas Intermediate light, sweet crude oil (WTI). The ETF reached a pre-determined termination trigger detailed in the prospectus. Its forced closure (a result of the trigger) was announced on May 15, 2009.

3) Deutsche Bank AG (London) DB Crude Oil Double Long (DXO). Died Sept. 9, 2009. The most popular of the ETNs closed to date was DXO. Managed by Deutsche Bank, the fund sought to track 200% of the daily return of the Deutsche Bank Liquid Commodity index – Optimum Yield Oil Excess Return. The stock was trading 12M+ shares per day, but, apparently got too big and too volatile to accurately reflect it’s underlying holdings – at least in the opinion of regulators.

More Oil ETFs (particularly high-volume leveraged funds) face scrutiny as the Obama administration seeks to curb the influence of “speculators,” but the likelihood is, other ETFs will open in their place. There’s obviously demand, and where there’s demand, there will be a product.

Crude Oil News