Apparently winning the Noble Peace price will help you while not running for President. After winning the Noble Peace prize today -- shared with a UN committee -- Al Gore jumped about 5% to a 13% chance on getting the Democratic nomination according to the Intrade.com prediction markets, passing Obama who is at 11.5%. With a 69% chance of winning the democratic nomination Hillary Clinton isn't really in any danger, but I have to give Gore credit. He is doing really well for not even running.

While neither is likely, the oil companies could be big losers if Gore gets in the white house. I wouldn't short them yet; but companies like Exxon Mobile Corporation (NYSE: XOM) and Chevron Corporation (NYSE: CVX) would be losers.

What are your thoughts?

Kevin Kersten is an Options Analyst with InvestorsObserver.com. Disclosure note: Mr. Kersten owns and or controls a diversified portfolio of long and short positions that may include holdings in companies he writes about.

Gore passes Obama for Democratic nomination originally appeared on BloggingStocks on Fri, 12 Oct 2007 18:04:00 EST. Please see our terms for use of feeds.