BP (BP)

The supply of oil is going down , no matter what anyone tells us.

BP is into alternative energy big time ! Wind energy is just one form of energy they have invested heavily in.

In February 2009, BP formed a joint partnership with Verenium to build a cellulosic ethanol plant by 2010 and start producing ethanol by 2012. Through the partnership, BP and Verenium will be able to produce and sell biofuel products that can be mixed with gasoline to produce less-polluting fuels. The biofuel market has the potential to increase 6 times its 2007 levels by 2022 due to U.S. Federal mandate .

since bp is diversified in many energy technologies they have the ability to maintain profitability and the ability to keep paying at least the same dividend

being diversified in many technologies gives bp the flexibility to shift into emerging technologies as demand flows from one technology to the next

i like this company for the dividend and will continue to dollar cost average as long as financials indicate a continued ability to pay the dividend

Vertical integration, i.e., involvement in both upstream (exploration and production) and downstream activities (refining and marketing) enables higher efficiency for the company.

Since its operations are diversified across different geographies, the company is less vulnerable to unfavorable conditions in a single market.