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Chinese Thirst For Resources Is Great News For U.S Companies

By Joel South and Taylor Muckerman - Sep 11, 2013 at 4:04PM

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One Chinese company is looking into a $10 billion investment in these Siberian gas fields.

The following video is from Tuesday's Digging for Value, in which host Alison Southwick and Motley Fool energy analysts Joel South and Taylor Muckerman get to the heart of the biggest stories in energy investing today.

In this segment, Joel takes a look at one Chinese company that's taking a close look at making a $10 billion investment in Siberian gas fields, and some major purchases the company has been making in the U.S. as well. Joel also discusses which domestic companies have benefited the most from these major land grabs.


Alison Southwick has no position in any stocks mentioned. Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool owns shares of Devon Energy and has the following options: long January 2014 $30 calls on Chesapeake Energy. 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.

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Stocks Mentioned

Sinopec Shanghai Petrochemical Company Limited Stock Quote
Sinopec Shanghai Petrochemical Company Limited
SHI
$15.94 (-1.05%) $0.17
Apache Corporation Stock Quote
Apache Corporation
APA
$34.70 (-0.40%) $0.14
Chesapeake Energy Corporation Stock Quote
Chesapeake Energy Corporation
CHKA.Q
Devon Energy Corporation Stock Quote
Devon Energy Corporation
DVN
$65.55 (1.69%) $1.09

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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