crude oil stocks

Article Index

How to Make Money from America's Oil Boom

By , Money Morning -

how to make money

Energy investing update: The amount of oil produced in the U.S. has skyrocketed more than 50% over the last six years.

Now small towns all across America are filling with a new breed of millionaires who have learned how to make money from this boom. But it isn't the major oil companies leading the way. According to a new report, the fastest-growing oil companies in America are the smaller outfits.

And these oil stocks are rising as quickly as their reputations...

Finding the Best Energy Investments: Intel from Rio de Janeiro

By , Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI -

If this is Thursday, it must be...Brazil.

I returned home late last night from Baltimore where we were putting the final touches on one of the best energy investments yet, a huge new precedent-setting play we'll be releasing very shortly.

But my wife Marina and I are now into a very hectic travel schedule.

To continue reading, please click here...

The Trajectory is for Oil Prices to Rise

By , Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI -

Crude oil and gasoline futures contract prices moved down yesterday, as the market took a breather from an accelerated upturn.

But the overall medium-term trajectory for oil prices no longer appears to be in doubt.

As I have indicated on several occasions recently, the downward movement in May and June was an overreaction to softness in the sector, with the ultimate slide over twice as large as any objective reading of the fundamentals would justify.

We are now witnessing a return to a "normal" oil market. That doesn't mean a lack of volatility or a narrow range of trading.

This normal is hardly boring.

These Three Factors Determine Oil Prices

What it does mean is that oil prices will be determined by three factors:

  1. Supply and demand;
  2. The spread between benchmark crude grades; and
  3. Geopolitical tensions and events. Here, we are considering matters we've discussed here a number of times.
Now we will continue to see, on occasion, external factors weighing in, such as the concerns about the European debt crisis that pushed the markets lower yesterday.

That results in something I have discussed previously - a sort of "cart leading the horse."

To continue reading, please click here...

Shale Oil Stocks are Poised to Earn Investors Big Profits

By , Contributing Writer, Money Morning -

With oil production soaring in the United States, shale oil stocks will be pumping out profits for years to come.

It's all thanks to huge deposits of shale oil.

At least four new major shale oil plays including the Bakken in Montana and North Dakota, the Eagle Ford in Texas, and the Marcellus in Pennsylvania and New York, may have more than 20 billion barrels each of recoverable oil.

Each of these new shale oil plays has the potential to double the total reserves we have today.

In fact, the "shale oil revolution" will soon make the United States the world's leading producer of crude oil, a report from Goldman Sachs Group Inc. (NYSE: GS) recently predicted.

The United States will produce more than 10.7 million barrels of oil per day by 2017, the report said. That's more than any other country, including Saudi Arabia.

And even though oil prices are in a short-term swoon, the glut of shale oil is about to make savvy investors a huge fortune.

That's why you need to take a hard look at a particular group of shale oil stocks that stand to benefit most from this boom.

But first, you need to know how this came about.



To continue reading, please click here...

Ride the Boom With These 5 Bakken Oil Shale Stocks

By , Associate Editor, Money Morning • @DavidGZeiler -

The Bakken oil shale boom is the opportunity of a lifetime.

With activity ramping up rapidly - production has soared from 100,000 barrels a day in 2005 to 494,000 barrels a day in February - the Bakken oil shale boom could turn out to be just as big, if not bigger than the California gold rush 1849.

Last week we told you about how the Bakken oil shale boom has affected Williston, ND. The town has an absurdly low unemployment rate of 0.8%, and the average pay for the oil company jobs is about $90,000.

One way to take advantage of this boom yourself would be to move to North Dakota.

But with dozens of companies flocking to the region, a much easier way to get in on the boom is to simply invest in some Bakken oil shale stocks.

The allure of big profits has attracted dozens of companies to the Bakken oil shale formation. The list ranges from industry giants like Exxon Mobil Corporation (NYSE: XOM) and ConocoPhillips (NYSE: COP) to pipeline companies like Enbridge Inc. (NYSE: ENB).

With oil prices expected to keep rising, and the production in the Bakken not expected to peak until 2020, it will be hard not to make money in Bakken oil shale stocks.

"Bakken is almost twice as big as the oil reserve in Prudhoe Bay, Alaska," Harold Hamm, CEO of Continental Resources Inc. (NYSE: CLR) - one of the major players in the Bakken oil shale boom -- told The Wall Street Journal last October. "We expect our reserves and production to triple over the next five years."

Still, some Bakken oil shale stocks will benefit more than others.

For example, the really big companies like Exxon, with large global operations, will see less of a boost than companies with operations concentrated in the Bakken and other North American shale deposits.

Money Morning has taken a look at these Bakken oil shale stocks and found five companies positioned to benefit most from this historic find's tremendous potential.



To continue reading, please click here...