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BP (NYSE: BP) has guaranteed that the drilling environment in the U.S. will undergo significant change. There will be government overreaction, but leaving the production of new crude oil to the whims of company bottom lines is no longer an option.
Some of what is coming will require intense ongoing negotiations. That the increasingly heavy hand of government is coming, however, seems an absolute certainty. And the results will have a direct bearing on how you will be able to make money investing in oil…
About the Author
Dr. Kent Moors is an internationally recognized expert in oil and natural gas policy, risk assessment, and emerging market economic development. He serves as an advisor to many U.S. governors and foreign governments. Kent details his latest global travels in his free Oil & Energy Investor e-letter. He makes specific investment recommendations in his newsletter, the Energy Advantage. For more active investors, he issues shorter-term trades in his Energy Inner Circle.