A Note on US Oil Consumption

The U.S. is the world’d largest consumer of petroleum products primarily oil. Though the total population is about 330 million, every day millions of barrels of oil are used due to the high dependence on automobile for transportation. In fact, the country  consumed 18.8 million barrels per day (MMbd) of petroleum products during 2011 according …

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Why Invest In Oil Well Services and Equipment Companies

One of ways to profit from the growth of oil industry in the U.S. is to invest in companies that supply the tools and services needed by the industry. This strategy is similar to the one followed by some investors that became rich by investing in picks and shovels rather than the gold miners during …

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