Seeking Alpha

Exxon Mobil’s (XOM) latest long-term energy outlook predicts U.S. and Canadian oil and gas...

Exxon Mobil’s (XOM) latest long-term energy outlook predicts U.S. and Canadian oil and gas production has staying power, as North America will become a net energy exporter by 2025. But a few bottlenecks need to be fixed first, as output in West Texas and New Mexico has exceeded pipeline capacity and reduced prices in the region, echoing similar surpluses in North Dakota and Oklahoma.
From other sites
Comments (2)
  • Mike Maher
    , contributor
    Comments (2733) | Send Message
     
    Sounds like a reason to invest in the pipeline operators to me.
    11 Dec 2012, 11:05 AM Reply Like
  • Bob Carl
    , contributor
    Comments (246) | Send Message
     
    Concur with above comment, but with this caveat: tax "reform" might make MLPs taxable as C corporations.

     

    Disclosure: I am long MMP and PVR
    11 Dec 2012, 12:40 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs