The energy sector is oversold, says Dave Fessler in Investment U.

That’s because traders dumped energy stocks as oil came down off its late July highs. The market also ditched infrastructure stocks, banking on less infrastructure projects thanks to less demand for oil.

Don’t bet on it. The world still depends on crude oil. And even if people are driving less, they still have to get around.

Dave has picked three energy and infrastructure stocks that are bargains right now…

Billionaire Texas financier T. Boone Pickens‘ BP Capital commodity fund dropped in value by 34% in July, according to figures obtained by the New York Post.

Fortunately for Pickens, he has a plan to move away from volatile oil. It’s called the Pickens Plan. It involves converting US cars to run on natural gas instead of petroleum and devleoping a massive wind farm in Texas.

Floyd Brown at Investment U says Pickens has a history of being in the right place and the right time and profiting handsomely. Floyd has picked four stocks to help you follow Pickens’ lead into natural gas and wind energy…

Energy expert Dave Gonigam has serious reservations about T. Boone Pickens‘ energy plan.

When the Pickens Plan was first announced, Dave expressed concerns in The Daily Reckoning’s Desidooru Saloon blog about its finer details.

The problem is the Pickens Plan isn’t quite as free market as it claims. Take the proposed $5-billion sale of general bond funds to help finance alternative energy schemes in California. This is more like a back-door subsidy for Pickens’ natural gas agenda. More from Dave below…

On June 16, Ian Davis predicted an imminent “nasty correction” in crude oil prices.

That correction may now be underway. Crude oil has dropped more than $15 in the last three days. And Ian says there’s a lot more downside is in the works. In fact, he says oil could be headed as low as $50.

And if oil crashes natural gas will be close behind. Ian advises staying out of both markets until the current correction plays out…

It’s no great surprise that investors in the energy market are getting rich. But there are many contrarian ways to play this boom. Chris Mayer at DailyWealth says pipeline construction is a hot topic at the moment…

Commodities expert Matt Badiali says Pennsylvania will be the center of America’s next great energy boom. The state is home to the mammoth Marcellus shale bed, a sedimentary rock rich in natural gas. Experts have estimated that up to 1,000 trillion cubic feet of gas could be extracted from Marcellus. Matt says it won’t be long before the share prices of companies setting up there will take off.

According to AP, potash producers will continue on their impressive uptrend because demand for fertilizers still exceeds supply.

But Andrew Mickey says the soaring price of natural gas will hit fertilizer manufacturing profits hard — and hurt potash stocks in the process.

In the last twelve months, two leading potash producers, The Mosaic Company (NYSE: MOS) and Potash Corp (NYSE: POT) have seen share prices rise 260% and 176% respectively.

T. Boone Pickens says the US is addicted to foreign oil. He also says the US is the Saudi Arabia of wind power, which is catchy but meaningless. Wind abundant in many parts of the world. Oil isn’t.

Pickens’ new energy plan – the Pickens Plan – dovetails nicely, of course, with his plan to build a massive wind farm in Texas.

Everything in Pickens’ plan favors his own BP Capital Management, says Dave Gonigam in Desidooru Saloon.

In March, this company announced that its oil and gas reserves were up 28% and rumor has it they are expecting to confirm a significant reserve discovery in the next few weeks. The stock price has already seen a 69% increase this year so you don’t want to wait to jump onboard.