best investments in energy
But looking back at a previous boom - the California Gold Rush of 1849 - gives investors a good clue about where prospects might be better.
During the gold rush, many miners ran up into the mountains seeking riches. Few succeeded. But those who opened up shops that sold the picks, shovels, and other mining equipment made a fortune.
Best Investments in Energy: It's a Race for Profits in the Utica Shale
Find out how you can invest in this hot spot where energy industry honchos are investing billions of dollars.
Prolific U.S. shale regions have delivered some of the best investments in energy over the past few years - and now there's another state set to join the Frackers' Club.
Ohio finds itself sitting atop the deep Utica Shale formation, a source of unconventionally derived oil and natural gas.
In fact, roughly the entire eastern half of the state lies on top of the formation. According to the U.S. Geological Survey (USGS), that portion holds most of the Utica Shale's oil resources.
The natural gas assessment units - land where the USGS believes there to be energy resources - run farther to the north, south, and east of Ohio, going down into West Virginia and Kentucky, across into Maryland, Pennsylvania, and New York and up across the Canadian border into Ontario and Quebec - much of the immense, ancient Appalachian Basin.
How to Find the Best Investments in Shale Oil
Let's start the hunt by looking at where oil production is accelerating the most.