The Massive Increase In U.S. Energy Production And Its Economic Consequences: Part 3 - Oil

Nov. 30, 2023 7:35 AM ETCrude Oil Futures (CL1:COM), , , 237 Comments

Summary

  • This third installment in the 4-part Energy series is focused on Oil.
  • We look at the development of the U.S. oil industry and the shift from the U.S. being a net energy consumer to a net producer.
  • We expect the U.S. energy sector will continue to perform well, and is positioned to outperform if global energy prices rise.
  • This idea was discussed in more depth with members of my private investing community, High Dividend Opportunities. Learn More »

Oil Or Gas Transportation With Blue Gas Or Pipe Line Valves On Soil And Sunrise Background

onurdongel

Co-authored with Philip Mause.

This is a follow-up article discussing the macroeconomic forces at play in energy that have influenced our stock selection in the sector. There has been a shift for the U.S. from being a net consumer of

This article was written by

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Rida Morwa is a former investment and commercial Banker, with over 35 years of experience. He has been advising individual and institutional clients on high-yield investment strategies since 1991.

Rida Morwa leads the Investing Group High Dividend Opportunities where he teams up with some of Seeking Alpha's top income investing analysts. The service focuses on sustainable income through a variety of high yield investments with a targeted safe +9% yield.

Features include: model portfolio with buy/sell alerts, preferred and baby bond portfolios for more conservative investors, vibrant and active chat with access to the service’s leaders, dividend and portfolio trackers, and regular market updates. The service philosophy focuses on community, education, and the belief that nobody should invest alone.

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Analyst’s Disclosure:I/we have a beneficial long position in the shares of EPD, AM, BGR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Treading Softly, Beyond Saving, PendragonY, Hidden Opportunities, and Philip Mause all are supporting contributors for High Dividend Opportunities.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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