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Attempting to trade or invest in the energy sector on long-term fundamentals has been a tricky proposition lately. Oil futures, and therefore most energy stocks have been bouncing around, driven by headlines about international trade, U.S. politics, and escalating conflict in the Middle East. Over time though, the short-term effects of those headlines will be outweighed by the medium to long-term trends inherent in the underlying stories, and that makes it worth returning to an old favorite stock for trading, both long and short, Transocean (RIG).…