Time to invest in oil?

I'm looking to invest in oil. I think it a month or a year, I'll kick myself for not investing in oil now that it's a low price but I don't know much about it.. The United States Oil ETF (USO) is what I'd probably go with unless there is something better. It's down 30% ytd. It just begs for a buy.

This https://www.investopedia.com/stock-analysis/cotd/081914/oil-chart-suggests-now-time-invest-uso-xom-pds.aspx article says the time to invest was in August. Oil is down 30% since August so the "experts" don't know more than any of us.

Do any of you invest in oil?

I do, I work for a Petrochemical company for 26 years.. My portfolio is overly weighted in Energy stocks. My biggest growth through the years has came from energy companies. My portfolio is down 5 to 7 %. Drugged down by my energy holdings which are down around 20% from their high. I'm holding my position. They pay a great dividend and I believe The worst is over. This may be the time to buy energy and chemicals. The downstream segment, Refining, marketing, transportation and chemicals benefit from cheap crude also referred to as feedstock. The Upstream segment suffers, They're making their money with a drill bit.

A friend, who is a hydraulic fractorization engineer, who hates the word "Fracking", he calls it the "F" word, says "When the price of crude goes "Underwater", (The cost of producing crude is higher then the selling price) They'll stop producing.

One last word on the Keystone Pipeline. My same friend attended a conference of Vice Presidents from several energy companies. The question was asked about Keystone. The answer given was "It is now a mute question. The rails are doing a good enough job, the Pipeline is not needed."

Looks like they have hedged their bets by owning Bershire Hathaway stock. Keystone completion would cost BNSF billions a year in lost revenue. It would also drop the cost per barrel by $20-$30 without affecting the costs of production. Warren Buffet is the real reason Keystone hasn't been approved.

When poor old DonDiego returned to the market after the 2008-09 decline he consciously invested in larger companies, mostly involved with necessities like energy and agriculture.

He chose the stablest, largest oil company, . . . and it has served him well. Exxon [XOM] is a well-run diversified company. Because of the diversification it does very well when oil is higher-priced and still does better than most oil companies during intervals of weak pricing, because of profits from, f'rinstance, refining lower priced oil.
The company also retains a significant pile of cash to take advantage of oil industry bargains during industry weakness.
And the nearly 3% dividend is nice too.

So, since January 2012, XOM has held up better than USO:
USO vs XOM
[When one is as old as DonDiego, one is more concerned with even temporary volatile dips, . . . because one might not be around for the eventual subsequent rebound.]

Of course, agricultural company Budweiser [BUD] has done even better:
USO vs XOM vs BUD

"Of course, agricultural company Budweiser [BUD] has done even better:.."

What/who is BNSF? Do you mean BRK-A or BRK-B?I actually bought some "B" shares, had a few bucks sitting and so I went in. Wish I had put more in, it's returned 28% since march and 8.6% since oct,when I added a few more bucks.

That would be the Burlington Northern Santa Fe Railroad....which is owned by Berkshire.

The pipelines have arguably been the best way to play oil for the last few years. Their revenue isn't based on the price of oil..and they pay high dividends...and they are growing to boot ! The only thing that sucks with them is the dreaded MLP-K1 tax forms that almost certainly require you get your taxes done by a CPA. I sure as hell cant figure those forms out. Although Kinder Morgan (big pipeline company) just changed their structure to go back to a common-stock.

Energy Transfer Partners (ETP) and Enbridge Partners (EEP) have been 2 anchors in my portfolio for awhile. I don't plan on selling them anytime soon.

My Money advisor had me buy some BRK-A. My request was a low risk investment with a decent return. He had me buy a basket of preferred "A"s. Act more like bonds, great dividend. Downside, they are callable.

Thanks, lots of great information here.