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  • First Titan Corp. (FTTN) – Part Of New US Oil And Gas Production Surge 0 comments
    Jan 7, 2014 2:13 PM | about stocks: FTTN

    Much has been made of alternative energy sources but oil and gas are the fuels that really run the world. Without a stable supply of oil and gas, industry and commerce would grind to a halt and our way of life would be severely disrupted. For nearly eighty years we have been dependent on unstable foreign sources to supply our growing energy demands. As US energy needs have grown over the years, world energy consumption has spiked dramatically. The global demand for these precious resources has never been higher and expectations are that domestic and global demand will continue to grow significantly. Global demand drives prices and the average price at the pump has never been higher which reflects the increasing global demand.

    New exploration and drilling techniques have sparked a revolution of oil and gas production in the United States. Resources that were once considered too difficult or too expensive to recover are now being delivered utilizing new technology such as hydraulic fracturing. According to the International Energy Agency, U.S. oil output is now poised to surpass Saudi Arabia by 2020, making the world's biggest fuel consumer almost self-reliant and putting us on track to become a net exporter. This is quite a revolutionary transformation.

    As worldwide demand for oil and gas continues to grow, this new production is not expected to significantly impact actual product prices but help meet the increasing need. US production creates more US jobs, makes us more self-sufficient and helps with balance of payments by keeping the cash at home. These changes in production and cash flows create multiple domestic investment opportunities where small to midsized oil and gas companies stand to prosper.

    One company that holds such promise is First Titan Corporation. FTTN has oil holdings in Alabama, Oklahoma, Texas, and South Lake Charles, Louisiana, where they maintain drilling activities. First Titan also has acquired multiple working interests with established oil exploration companies to deliver new oil and gas resources to the markets. First Titan is continuing to grow its asset base and plans to add multiple new projects along the Gulf Coast, from West Texas to Alabama. Investors interested in benefiting from the boom in US oil and gas production should look closer at FTTN.

    For more information, visit firsttitanenergy.com

    QualityStocks provides investor relations services to publicly traded companies in exchange for compensation. This article may be part of our efforts to widen a client's exposure. To read our full disclaimer, visit http://disclaimer.qualitystocks.net

    Stocks: FTTN
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