The following video is part of our "Motley Fool Conversations" series, in which Jim Mueller and Jason Moser, both analysts on our Stock Advisor newsletter service, discuss topics across the investing world.

There's lots of excitement swirling around deep sea oil drilling. What's the best way to invest in this potentially lucrative opportunity? Drilling companies? Big oil? "Picks and shovels" support companies? Jim shares his strategy with you and Jason.