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All Hail Shale: Stocks Set To Soar

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By Brian O’Connell
August 24, 2012

Industry insiders know them like the back of their hands.The Bakken, the Eagle Ford and the Marcellus. All together, the huge shale oil and gas fields, spread from western New York to Montana to Texas, hold approximately 20 billion barrels of recoverable oil.That, according to the Wall Street investment firm Goldman Sachs, will make the U.S. the world’s largest producer of crude oil, with more than 10 million barrels of oil produced per day estimated by 2017.All thanks to the “shale oil revolution,” as Goldman puts it.The insiders know this, ...

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