There are certain side benefits to America's energy boom that don't get much attention, and one of those aspects is how cheap ethane is. The critical natural gas-based chemical feedstock is in more than abundant supplies as we drill for oil and natural gas all over the country. It is so cheap, in fact, that chemical companies estimate it is 75% less than using the oil-based alternative, naptha. With such an advantage over other manufacturing facilities around the world, American-based companies plan to spend $100 billion in new and upgraded facilities.

For investors, there is one company that is in a better position to take advantage of this situation than anyone else: Enterprise Products Partners (NYSE:EPD). Tune into the video below to find out why Enterprise is in a better position to profit from this boom than both the chemical manufacturers and their pipeline competitors, Oneok Parnters (NYSE:OKS) and Energy Transfer Partners (NYSE:ETP).

Three stock picks to ride America's energy bonanza
Record oil and natural gas production is revolutionizing the United States' energy position. Finding the right plays, 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 look at three energy companies using a small IRS "loophole" to help line investor pockets. Learn this strategy, and the energy companies taking advantage, in our special report, "The IRS Is Daring You To Make This Energy Investment." Don’t miss out on this timely opportunity; click here to access your report -- it’s absolutely free. 

Tyler Crowe owns shares of Enterprise Products Partners L.P.. You can follow him at under the handle TMFDirtyBird, on Google+, or on Twitter @TylerCroweFool.

The Motley Fool recommends Enterprise Products Partners L.P. and ONEOK Partners, L.P.. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.