We have seen some drastic changes in the oil and gas industry, but we are far from finished. At the Barclay's CEO Energy Conference, EOG Resources (NYSE:EOG) William R. Thomas spoke about the "Technical Renaissance" and how energy companies are profiting from it. To call this renaissance a game changer may not do the whole movement justice. Actually, It has fundamentally changed the way we find and produce oil as well as how investors should evaluate the entire energy space.  

For investors, there are some general trends you should follow that will help guide you through this time in the American energy space. 

Fool contributor Aimee Duffy has no position in any stocks mentioned. Fool contributor Tyler Crowe has no position in any stocks mentioned. You can follow them both on Twitter@TMFDuffy and @TylerCroweFool, respectively.

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