By Tony Daltorio, Contributing Writer, Money Morning - • Print | Email
With the shocking potential of the shale oil boom finally starting to sink in, the only real challenge left is finding the best investments in this exciting slice of the energy industry.
Let's start the hunt by looking at where oil production is accelerating the most.
By Dr. Kent Moors, Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI - • Print | Email
After 40 years of empty promises, the prospect of U.S. energy independence has finally become a real part of the national conversation.
In fact, if current production trends continue, the United States will overtake Saudi Arabia and Russia as the world's largest oil producer in 2017, according to both the U.S. Energy Information Administration and the International Energy Agency.
By Tony Daltorio, Contributing Writer, Money Morning - • Print | Email
As I wrote up this analysis of the best investments in oil, a familiar saying came to mind: "Everything old is new again."
A truer statement could not be said about the Permian Basin, which is a geological formation roughly 300 miles long and 250 miles across that stretches across west Texas and eastern New Mexico.
By Dr. Kent Moors, Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI - • Print | Email
According to conventional wisdom, there can't be a significant rise in inflation without a corresponding, and usually preceding, jump in energy prices.
In fact, the correlation between energy prices and inflation has become almost a mantra among some market pundits.
Unfortunately, the reality is somewhat different than what's portrayed by talking heads in thirty- second sound bites.
As with most complicated problems, the answer just isn't that simple.
While the energy sector stretches from hydrocarbons, through alternatives, to the renewed interest in solar, wind, geothermal and biofuels, it is the dominant force in the sector that tends to drive the markets.
That means crude oil and natural gas.
