The International Energy Agency has forecasted the US will pass Saudi Arabia as the world’s leading oil producer within a decade.
Surprised? Too many people are.
This gush of oil – and perhaps more importantly, natural gas – is the result of a new wave of oil and gas exploration, from deep water and Arctic drilling to the fracking boom in the US. Companies have already committed huge amounts of capital to exploit these new areas, they are not turning back now.
The bottom line – you can generate meaningful, high yield income in various ways by playing this boom in new areas of oil and gas development.
When oil prices plunged recently, independent refiners sold off as many traders and investors dumped ETFs and energy stocks indiscriminately.
This has created a great buying opportunity in 3 very different “cheap oil” beneficial stocks from the “driller”… to the “middle-man”… and the “end-user.”
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