1 Oil Company Makes a Big Bet on American Natural Gas
Whenever you hear that a major oil company like Royal Dutch Shell is spending big on American natural gas, you probably assume that it means the company will be drilling for gas. That isn't the case here. Instead, Shell is looking at building a natural gas processing facility that would turn natural gas into synthetic gasoline and diesel. While some other countries have facilities like this up and running, this would be the first attempt at a gas-to-liquids facility on a commercial scale in the United States.
Will this facility be profitable in the States? Will it help turn Shell around after recent disappointing results? Tune in to the following video, where fool.com contributor Tyler Crowe answers these questions and looks at one big winner from these natural gas developments.
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The article 1 Oil Company Makes a Big Bet on American Natural Gas originally appeared on Fool.com.Fool contributor Aimee Duffy owns shares of Ford. Fool contributor Tyler Crowe has no position in any stocks mentioned. The Motley Fool recommends Ford, Sasol, and Ultra Petroleum, owns shares of Ford, General Electric, and Ultra Petroleum, and has options on Ultra Petroleum. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.
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