Posted on January 10, 2014 | Local Chapters
Date: Saturday, January 18, 2014
Topic: America’s Energy Renaissance: Top Plays for Income and Growth
Speaker: Elliott Gue, Editor, Energy & Income Advisor and Capitalist Times
Over the past five years, U.S. oil production has soared 50% from 5 million to more than 7.5 million bbl/day, and the country has overtaken Russia to become the world’s largest producer of natural gas. As of the end of 2013, the U.S. no longer needs to import light, sweet crude oil from the Gulf Coast refining region and by the middle of this decade, the U.S. will overtake Saudi Arabia to become the world’s leading oil producer. In this session, Elliott Gue will examine the companies best-positioned to grow production from the most prolific fields and those companies that provide the equipment, services and supplies needed to produce in the shale. He will also present a look at a handful of high-yield master limited partnerships (MLPs) that own the crucial storage and transportation infrastructure needed to enable shale production.