Investing in oil companies has many benefits. There is not just the promise of assured substantial returns but also numerous tax benefits. When an oil well is hit, you can start receiving returns in as soon as 60 days. There isn't an investment on the market that provides results as quickly as oil and gas have the potential to.
The oil company investments are further supported by the fact that the oil industry is stronger today than it has been in the past 150 years. This is further substantiated with the natural gas market booming and the global demand for energy growing. Experts predict that by the year 2030, worldwide consumption of oil and gas will exceed 115 million barrels per day, which is 30 million barrels higher than are consumed daily today.
This makes the oil sector, a safe and relatively lucrative investment. However, oil company investments should be attempted with expert advice and not as a hobby. The expert advice can be provided by portfolio managers. The investors can also visit and learn about geographical characteristics of drill sites as well as seismic and structural features of oil industry sectors while considering potential investment.