According to a retired CEO of one of the top energy companies in the country, fracking is doing what government policymakers couldn’t do: lower American prices, emissions and reliance on coal and foreign oil.
Austin, TX (PRWEB) April 03, 2012
Innovative “super-drilling” for America’s natural gas resources has made learning how to invest in oil stocks super profitable. As companies explode in growth, investors are expanding their portfolios with the best stocks available.
Thanks to AbsoluteWealth.com, there’s now a source of information on the companies using fracking, or hydraulic fracturing. Fracking takes conventional oil wells and turns their drilling direction horizontal instead of vertical, accessing massive amounts of natural gas with only one surface well. The supplies made accessible by fracking will boost the American energy industry to new heights.
On the brink of that change, Absolute Wealth published “Sideways Oil: How Super-Drilling is Re-Establishing America as an Oil Power and How You Can Profit,” its latest Special Report. It provides strategies on making winning energy investments. Anyone looking to make money in oil will gain real insight from the expert advice in “Sideways Oil.”
Oil and natural gas production’s is rocking the entire U.S. energy sector. The American Oil and Gas Historical Society reports that “about 30 percent of U.S. recoverable energy reserves are accessible through hydraulic “fracking” — about seven billion barrels of oil and 600 trillion cubic feet of natural gas.”
Thanks to such huge capacity, America’s energy supply has never been bigger. According to John Rowe, a retired CEO of one of the top energy companies in the country, fracking is doing what government policymakers couldn’t do: lower American prices, emissions and reliance on coal and foreign oil.
Rowe, interviewed in this Forbes article, is the former chairman and CEO of Exelon Corporation. He says that natural gas is the only rational fuel for new energy plants, and that it can cheaply and easily replace archaic coal plants.
“Right now we think we can get huge quantities of gas through the fracking process and produce it at something like $4 per 1,000 BTU,” Rowe said. That price squashes the current $10 and $20 tags of nuclear and wind power, respectively.
Green energies have been a failure, said the article. Fuel demands can now be fulfilled with high-tech fracking techniques.
Fracking innovation gets better every day, and increases the amount of oil and gas extracted with each new well. The companies that provide the equipment, transport, and other additional support lines to fracking will see more profits as well, and Absolute Wealth’s “Sideways Oil” advises which of the biggest players are worthy of investment.
Absolute Wealth is made up of real investors and advisers devoted to identifying winning strategies for exceptional returns. Members subscribe to the Independent Wealth Alliance for professional investment analysis and recommendations on the latest trends.
Knowledge is power in the investment game, and the article said “Sideways Oil” delivers in spades. To gain access to the report and learn how to invest in oil stocks proven to change the energy economy, become a member of the Independent Wealth Alliance. To learn more, visit AbsoluteWealth.com.