The Coming Energy Boom
Natural gas and oil production have started to change the domestic energy landscape over the past half a decade. One out of every five jobs since the end of the recession has come from the energy sector, the U.S. has become a net gasoline exporter for the first time in a generation, and North Dakota now produces more oil than OPEC member Ecuador does.
I believe we are in the early innings of an energy renaissance in North America. One area of particular interest is the expansion of the natural gas infrastructure as it takes more market share from coal and as massive new projects get under way to build the facilities needed to export natural gas. The Federal Energy Regulatory Commission's decision to approve Cheniere Energy's (LNG) proposal to build the nation's largest natural-gas export terminal in Louisiana should kick off an avalanche of similar projects....538 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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