The following video is from Tuesday's Digging for Value, in which host Alison Southwick and Motley Fool energy analysts, Taylor Muckerman and Joel South, get to the heart of the biggest stories in energy investing today.
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By 2020, close to five million barrels of oil per day (bpd) could be produced from shale basins outside of the United States. That figure reaches 70% of America's current production in just six and a half years. The energy industry and investors should have their eyes peeled to countries such as Argentina, China and Russia which supposedly hold vast reserves of both shale oil and gas. Currently, there are some companies traded on U.S. exchanges that investors can get their hands on. Take a peak at the video below for some insight into where these organizations stand.
Despite These Figures, $100 Oil Is Likely Here to Stay
Think the days of $100 oil are gone? Think again. In fact, the market is heading in that direction now. But for investors that are positioned to profit from the return of $100 oil, it can't come soon enough. To help investors get rich off of rising oil prices, our top analysts prepared a free report that reveals three stocks that are bound to soar as oil prices climb higher. To discover the identities of these stocks instantly, access your free report by clicking here now.