Will the U.S. Topple Saudi Arabia?

A recent report by the International Energy Agency has come out saying that the United States will surpass Saudi Arabia as the largest producer of oil in the world by 2017 and could be entirely energy self-sufficient by 2030. What does that mean for you at the pump? Before you pop the cork on that bottle of champagne, listen to what Motley Fool analyst Morgan Housel has to say about what this could mean for gas prices, what it will mean for Big Oil investors, and how much weight we can really put behind these findings.

One Big Oil stock continues to bring home solid dividends for investors. If you're interested in some of these dividends on your quest for high-yielding stocks, The Motley Fool has compiled a special free report outlining our nine top dependable dividend-paying stocks. It's called "Secure Your Future With 9 Rock-Solid Dividend Stocks." You can access your copy today at no cost! Just click here to discover the winners we've picked.

Read/Post Comments (1) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On November 24, 2012, at 5:25 AM, OilfieldVet wrote:

    Dont be silly. Look at the number of wells the U.S. is drilling vs. Saudi. They are the king and always will be.

    Watch what happens to U.S. drilling if the price of WTI falls below $80. Those rigs will up in Williston will go stacked faster than you will believe.

    Finally, the shale play doesnt have much history. Lets see how long these wells produce vs. Saudi wells. I am betting that the average shale well will water out in 2-3 years vs. decades for a well in Saudi.

    Cheers dudes.

Add your comment.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2124283, ~/Articles/ArticleHandler.aspx, 10/26/2016 12:16:59 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 3 hours ago Sponsored by:
DOW 18,169.27 -53.76 -0.30%
S&P 500 2,143.16 -8.17 -0.38%
NASD 5,283.40 -26.43 -0.50%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

10/25/2016 4:00 PM
XOM $86.72 Down -0.19 -0.22%
ExxonMobil CAPS Rating: ****
CVX $100.77 Up +0.11 +0.11%
Chevron CAPS Rating: ****
LNG $40.09 Down -0.94 -2.29%
Cheniere Energy CAPS Rating: ***
SLB $80.22 Down -0.09 -0.11%
Schlumberger CAPS Rating: ****