For us to meet the worlds need for energy over the next several decades, were going to need to invest mountains of money. According to the IEA, it will take more than $40 trillion to satisfy our energy demands between now and 2035, and the majority of that is going to be spent on developing the massive oil and gas fields that still exist in both Russia and the OPEC nations. Many of these parts of the world have already gotten started. Core Laboratories (NYSE:CLB) recently announced that it had performed over 1,000 core samples in the Middle East last quarter alone, and the major services companies like Halliburton (NYSE:HAL) and Schlumberger (NYSE:SLB) are seeing huge upticks in revenue.
This cold be just the tip of the iceberg, though. Find out who are the companies that are going to see the biggest benefit from this impending tidal wave of investment by tuning into the video below.
The 1 company that could actually tear the oil market away from Russia and OPEC
Oil production from places all over the world is changing the dynamics of the oil market. Much of that movement has been thanks to major strides in oil and gas drilling technology, and one behind-the-scenes energy giant is at the epicenter of this movement. Warren Buffett is so confident in this company's can't-live-without-it business model, he just loaded up on 8.8 million shares. An exclusive, brand-new Motley Fool report reveals the company we're calling OPEC's Worst Nightmare. Just click here to uncover the name of this industry-leading stock.
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