- 15,718 views
Featured in: Business
It's strange to think that just a few years ago we thought America was running out of natural gas. Worse yet, we were at the mercy of the Middle East when it came to satisfying our addiction for oil. ...
It's strange to think that just a few years ago we thought America was running out of natural gas. Worse yet, we were at the mercy of the Middle East when it came to satisfying our addiction for oil. Few saw a future where one technology would revolutionize America's energy future.
Thanks to the combination of horizontal drilling and hydraulic fracturing, America is now one of the top energy producers in the world. By 2015, we are expected to be the world's top oil producer and hold that title for at least the next decade, if not longer.
What's truly remarkable about this shift is that instead of filling OPEC's coffers with cash, American investors are the ones profiting off of this boom. For example, investors can profit alongside Chesapeake Energy Corporation (NYSE: CHK) as it drills for natural gas in the Marcellus Shale or Kodiak Oil & Gas Corp (NYSE: KOG) as it pursues oil in the Bakken Shale. Meanwhile, income seeking investors can enjoy the large payout fueled ConocoPhillips (NYSE: COP) production in places like Alaska or the even larger monthly distributions from companies like LINN Energy LLC (NASDAQ: LINE). These are just a sampling of the 14 energy investment ideas offered up in the following slide show.
- Total Views
- Views on SlideShare
- Embed Views