In the 2007 movie There Will Be Blood, main character Daniel Plainview repeatedly calls himself an oil man:
"I do my own drilling and the men that work for me, work for me and they are men I know. I make it my business to be there and see to their work. I don't lose my tools in the hole and spend months fishing for them; I don't botch the cementing off and let water in the hole and ruin the whole lease. I'm a family man -- I run a family business."
Fools, I'm not an oil man, and I don't have any idea how to set up a fracking operation. But I have a way to invest in the booming oil economy of North Dakota despite this shortcoming.
In the video below, I explain how a strategic investment in regional banks in North Dakota, from Wells Fargo (NYSE: WFC ) to U.S. Bancorp (NYSE: USB ) and potentially even smaller community banks, can be exactly the tactic you're looking for to invest in the boom without understanding the nuance of drilling a well.
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