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 (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 (HAL 1.03%) and Schlumberger (SLB -1.93%) 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.
