Several things are going Suncor's (NYSE: SU ) way right now. After several years of growing production, only to see it get stuck in Canada, the market for Canadian oil sands is growing by the day. That is finally bringing Canadian oil prices to a level that makes Suncor one of the better buys in the oil and gas industry today, no matter the outcome of the Keystone XL pipeline.
Of course, this isn't the only reason we picked Suncor over Oasis Petroleum (NYSE: OAS ) and Magnum Hunter Resources (NYSE: MHR ) . Tune into the video below to find out more about what makes Suncor a top pick and why Fool.com contributor Tyler Crowe and Motley Fool energy bureau chief Joel South have some reservations about Oasis and Magnum Hunter.
America's $600 billion energy problem gives you good reason to invest in these three stocks today
A dark specter is looming that is ready to stop America's energy boom right in its tracks, and no one is talking about it. This one critical element could cost us over $600 billion, but every day we wait that number grows and grows. The U.S. government thinks investment in this sector is so important, even the Internal Revenue Service will give you a free pass if you invest in this select group of stocks. Our analysts at The Motley Fool have combed over this special class of stocks and we have identified three that could make you rich! Find out the names of these IRS gift-wrapped stocks in our special report "3 Stocks The IRS Is Begging You To Buy." Simply click here and we'll give you free access to this valuable investing resource.