Our Analysts Weigh in on Controversial Oil Exports
This segment is from Tuesday's edition of 'Digging for Value', in which sector analysts Joel South and Taylor Muckerman discuss energy & materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays & Thursdays. It can also be found on Twitter, along with our extended coverage of the energy & materials sectors @TMFEnergy.
Coal exportation has been going on for years, and natural gas export approvals picked up steam in 2013. Now, oil producers want in on the international action as well. Because of the spread between domestic and international prices, companies like ConocoPhillips and ExxonMobil have begun pushing to move away from the way we have handled oil exports since the 1970's. To find out why our analysts are hesitant about the prospects, tune in to the short clip below.
Oil exports from the U.S. are just one worry for OPEC
Imagine a company that rents a very specific and valuable piece of machinery for $41,000... per hour (that's almost as much as the average American makes in a year!). And Warren Buffett is so confident in this company's can't-live-without-it business model, he just loaded up on 8.8 million shares. An exclusive, brand-new Motley Fool report reveals the company we're calling OPEC's Worst Nightmare. Just click HERE to uncover the name of this industry-leading stock... and join Buffett in his quest for a veritable LANDSLIDE of profits!
The article Our Analysts Weigh in on Controversial Oil Exports originally appeared on Fool.com.
Joel South has no position in any stocks mentioned. Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.