Exxonmobil (NYSE: XOM ) and Chevron (NYSE: CVX ) are known for several things, but being good at shale drilling isn't one of them. Both they and the rest of the integrated majors made many missteps when the shale boom took off, but for the past couple years none of them have made any big shale moves. Top shale drillers like Conocophillips (NYSE: COP ) have shown that companies can make very good money in shale, but not every company is in the same position as Conocophillips.
Today, there are several companies that might be in trouble, and the likes of Exxonmobil and Chevron are just the kind of companies to fix it. Find out what is wrong in America's oil patch and how Big Oil could fix it by tuning into the video below.
America's $600 billion energy problem means 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.