November 29, 2012
In this video, Motley Fool energy analyst Joel South gives us two big stories for the coming North American oil boom. He tells us about Enbridge (NYSE: ENB ) , a midstream oil company that has just made some major partnerships and acquisitions to increase its transport capabilities in a climate that is badly lacking midstream volume. He also talks about a shift away from West Texas Intermediate as the benchmark for world oil prices, toward Brent Crude out of the North Sea region, and how that could affect American oil prices and surpluses.
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