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.
Motley Fool Returns
Discounted offers are only available to new members. Stock Advisor will renew at the then current list price. Stock Advisor list price is $199 per year.
Stock Advisor launched in February of 2002. Returns as of 10/18/2021.
Average returns of all recommendations since inception. Cost basis and return based on previous market day close.