Featured StoryThanks to the fracking boom of the last few years North America is now on a path toward energy self-sufficiency.
In fact, the International Energy Agency (IEA) now believes that, thanks to astonishing growth in oil and natural gas output, the U.S. could even become a net exporter of natural gas by 2020, and even net-energy self-sufficient by 2035.
According to IEA estimates,...
The Impact of Shale Oil Means the Tables Have Turned in Our Favor
The Eagle Ford shale formation lies south of our headquarters in San Antonio, Texas, giving the U.S. Global investment team a firsthand, tacit perspective on the oil and gas industry's growing natural resources phenomenon.
We've witnessed how the oil activity is boosting the local economy with solid-paying jobs, a healthy housing market and strong consumer sentiment, as oil giants such as Schlumberger and Halliburton take a bigger stake in the area.
After seven long decades of importing oil, the U.S....
Are the Russians on the Verge of a Major Arctic Oil Coup?
As I move into the main meetings here in Moscow, something unexpected has joined the conversations on oil prices, European pipeline prospects, liquefied natural gas (LNG) trading scenarios, and the prospects of unconventional shale.
That something is venture capital funding.
The Kremlin has developed several venture capital funds with potential state-supported investments...
Put These Shale Oil Fields on Your Radar for Energy Profits
Energy companies in search of the next big shale play are scouring shale oil and natural gas fields in Oklahoma and South Dakota.
The shale oil fields in the two states remain largely unknown to energy investors.
As Money Morning reported Nov. 27, fracking technology has opened vast shale oil and gas fields that previously had been uneconomical to exploit.
With rapid growth in recent years,...
These Signs Point to Higher Oil Prices in 2013
On Monday, oil prices climbed above $90 for the first time in over a month, as encouraging data from China subdued concerns about going off the fiscal cliff.
Those worries have helped keep oil prices mired in the $85-$90 range after flirting with $100 in mid-September.
But positive manufacturing data from China, the hopes for a fiscal cliff resolution and a subsequent...
EPA Official Resigns over Crucifixion Comments
On Friday, we discussed the regulatory philosophy of certain Environmental Protection Agency officials in how they regulate the U.S. oil and gas sector.
Dr. Alfredo Armendariz, the EPA regional administrator for Region 6, was overly candid in a 2010 policy discussion in which he said that the agency's stance is to "crucify" a few oil and gas companies in order to set an example...
The "Sweet Spot": Goldman Sachs Bullish on Oil and Gas Pipeline Companies
Nothing like having Goldman Sachs (NYSE: GS) confirm what we've already been saying for a year.
But last week, Goldman Sachs reminded us that they are bullish on the oil and gas pipeline sector by upgrading a number of portfolio stocks that have been prominent features of our portfolios and discussion on the sector.
Goldman analysts made...
Start Seizing Master Limited Partnership (MLP) Profits
Last week, Kent challenged me to offer you a way to make some money in energy.
I started scanning the energy and agricultural stocks I monitor, and began combing financials, looking for some undervalued little company about to pop.
Then I stopped.
I already knew a failsafe way to ace Kent's challenge. And so do you. We talk about it all the time.
It's the midstream sector of the energy supply chain, particularly in Master Limited Partnerships or MLPs
And it's the...
Congress' Next Bad Idea Would Destroy the Shale Boom
Last week, six Members of Congress, led by Rep. Dennis Kucinich (D-Ohio), introduced the "Gas Price Spike Act."
With concerns over the likelihood of higher gas prices this summer, the bill and its sponsors propose the creation of a "Reasonable Profits Board" that would control the profits of oil and gas companies.
Under the bill, this board - made up of unelected bureaucrats - could apply a "windfall profit tax" on the sale of oil and gas at rates of 50% to 100%. These taxes would take aim at corporate...
Five Things Obama Didn't Want You to Hear in His State of the Union
Seeking to put the best possible spin on his message, President Barack Obama took some liberties with the truth in his State of the Union address.
Although the president never actually lied, he repeatedly left out facts that contradict his claims of success.
President Obama hadn't yet left the House chamber when the reality check started. And it didn't take long to find some pretty big the holes in the State of the Union address.