In this week's edition of The Motley Fool's energy-focused show, Digging for Value, energy analysts Joel South and Taylor Muckerman discuss company specific information and look into second-quarter earnings.
In today's segment, Joel discusses the future of United States shale oil production. With sharp reservoir decline curves, meaning wells gushing up to 80% of production within two years, on top of five years of precipitous growth, the U.S. is up against a growth wall. And with production growth starting to slow in the Bakken, other major oil plays are likely to follow suit, calling into question the long-term projections of energy independence and overtaking Saudi Arabia as the world's largest crude oil producer by the end of the decade.
While growth is likely to slow, the record amount of oil and natural gas production is still revolutionizing the United States' energy position. Finding the right companies to take advantage while historic amounts of capital expenditures are flooding the industry will pad your investment nest egg. For this reason, The Motley Fool is offering a comprehensive look at three energy companies set to soar. To find out which three companies are spreading their wings, check out the special free report "3 Stocks for the American Energy Bonanza." Don't miss out on this timely opportunity; click here to access your report -- it's absolutely free.