When do you think fracking started in the U.S.? And how much Russian oil does the United States import? This may seem like trivia, but it's not -- the answers can provide insight into the energy sector as a whole.
Fracking may be older than you think, and provides a great example of the potential for cooperation within the energy business. Meanwhile, understanding where American energy comes from -- and how many parts of the world we depend on for our oil -- sheds some light on fluctuations in the energy market.
In the following video, Motley Fool energy analysts Taylor Muckerman and Joel South discuss today's stock quiz.
Do you know this energy tax "loophole"?
You already know record oil and natural gas production is changing the lives of millions of Americans. But what you probably haven't heard is that the IRS is encouraging investors to support our growing energy renaissance, offering you a tax loophole to invest in some of America's greatest energy companies. Take advantage of this profitable opportunity by grabbing your brand-new special report, "The IRS Is Daring You to Make This Investment Now!," and you'll learn about the simple strategy to take advantage of a little-known IRS rule. Don't miss out on advice that could help you cut taxes for decades to come. Click here to learn more.