It's time to look at oil stocks to buy as the United States gets ready to surpass the world's biggest oil producers.
Earlier this month, the International Energy Agency (IEA) reported that the United States will jump past both Russia and Saudi Arabia as the world's top oil producer by 2015.
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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.
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The shale oil and gas boom is going global, as we explored Tuesday in Money Morning.
And this means huge profit opportunities for those who know how to invest in this global shale revolution.
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From the Editor: In yesterday's members-only message, you got a rare look at Kent's track record and why he averages 55% on every recommendation. Today, Kent recommends a short-term move, based on the latest developments in Syria...
Damascus may have dodged a bullet (or a cruise missile), but nothing else has changed very much. Not in terms of risk.
That explains why the "Syrian Premium" remains. It may be slightly reduced, as you'll see. But it is likely to stay with us even after the threat of a military solution has been averted.
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The markets are very complicated at the moment, which is why now's an ideal time to reach into the Money Morning Mailbag and address your concerns.
The goal here is simple: To provide understandable, actionable, and, of course, profitable answers to your thoughtful and extremely insightful questions.
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By an apparent agreement to place its chemical weapons under international control, Syria seems to have dodged an imminent American military attack.
Yet even as the world takes a step back from the brink, three critical questions still remain:
1. Will Syrian President Bashar Assad hand over all of his chemical weapons?
2. Will the proposed international control mechanisms satisfy Washington?
3. Will the final result contained in the U.N. report on the chemical weapons use outside of Damascus alter the outcome?
Of course, until the latest news hit, one result had seemed certain: The global oil market was bracing for higher prices. West Texas Intermediate (WTI) closed at a 28-month high on Friday, while Brent crossed the $116 a barrel level.
Following the agreement, that trend has reversed, sending oil prices in both New York and London lower.
But has this crisis really been defused?
Just look at oil prices, and where they're undoubtedly headed......
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There's an uneasy lull in the Syrian crisis.
Now that the Obama administration has decided to seek Congressional approval for a Syrian strike, we are in a hazy period before some major decisions are made.
And while a Senate committee has approved a military move against Syria, further action will be slow to come. Congress is officially on recess until Monday.
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You can tell a lot about crude oil prices by studying one key pattern - a pattern that has abruptly reversed of late. The reasons for the sudden change could have a profound impact on energy investors...
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Now that the rig market for oil and gas projects is heating up again, it's time to invest where energy's big-money cycle actually begins.
After all, without a rig, a well is nothing more than a dot on a map.
That's why the oil field service (OFS) business always improves before the fortunes of field production companies.
But there's an even earlier link in this profit chain...
It's a smaller industry, and may not get much coverage. But the OFS business wouldn't exist without it... and neither would the all of those oil wells.
That's why the company we'll look at today is one of my favorite oil and gas plays.
First, take a look at these pumping trucks...
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Don't look now, but the rig market for oil and gas projects is heating up again.
After suffering through a period when rigs were being "retired" from the field, the pendulum is swinging back again. Rigs are suddenly in high demand -- and hold the secret to how to invest in the growing U.S. shale oil boom.
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With higher oil prices now, does that mean looming inflation? Here’s how this situation is different than before, and how it will affect your money. Read More...
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The prospects are very good for the oil prices. But the markets promise to be volatile. Here's the best way to build an "oil insurance plan." Read more...
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California is in a LOT of trouble financially. Cities are going under and the state can't balance its budget. It also has almost half a trillion in state pensions to fund and revenue is drying up.
But there is one way out: Tap the largest oil and gas play in the Lower 48.
The question is, whether this left leaning state crowded with special interests like the Sierra Club will actually let oil services companies begin to start fracking on state land.
In our inaugural Money Morning Fight Club brawl, Frank Marchant and Garrett Baldwin square off on this contentious issue. The best part is we are asking you to turn in your scorecard and pick the winner at the end.
So let's get ready to rumble...
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Apache Corp. (NYSE: APA) is not your average oil company. Even with oil prices still comfortably in the $90.00 range, Apache shares recently fell below their 52-week lows. In fact, since April 2011 Apache shares are down by 44%. But with a strong balance sheet and healthy sales forecasts, this company is doing all the right things.
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Sequestration, production concerns in China and the political mess in Italy have combined to keep oil prices down, says Money Morning Global Energy Strategist Dr. Kent Moors.
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