Fiscal Cliff 2013: For Energy Investors It’s Going to Be Like Fishing in a Barrel

There are 26 trading days and counting until the U.S. reaches the fiscal cliff.
That’s how many trading sessions remain before massive (and automatic) tax increases and expenditure cuts take effect.
And in the roll up to this non event(more in a moment), oil prices and energy shares have been hit hard. But as you’ll see, it won’t be for much longer.
To put some sanity into this overwrought conversation here are three key points up front.
First, the cliff will never take p…

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