In this video, Motley Fool energy analyst Joel South gives us two big stories for the coming North American oil boom. He tells us about Enbridge (NYSE: ENB), a midstream oil company that has just made some major partnerships and acquisitions to increase its transport capabilities in a climate that is badly lacking midstream volume. He also talks about a shift away from West Texas Intermediate as the benchmark for world oil prices, toward Brent Crude out of the North Sea region, and how that could affect American oil prices and surpluses.
Joel South has no positions in the stocks mentioned above. Taylor Muckerman has no positions in the stocks mentioned above. The Motley Fool owns shares of Devon Energy and ExxonMobil. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.