re: What stocks to buy to take advantage of the low oil prices?

Just read an article on HAL. Basically, its operations won't slow as much due to the maintenance of existing fields. LINK

I picked up some CVX at around 100, but it's still a good buy for long term hold in my opinion. I think many of the bigger o&g companies could benefit from this drop in the long term when they start snatching up some of the smaller guys.