This is default featured slide 1 title
This is default featured slide 2 title
This is default featured slide 3 title
This is default featured slide 4 title
This is default featured slide 5 title
 

Capitalizing on the Frenzy in Domestic Oil Production

Even though shale oil production is somewhat controversial, there is no question that, for landowners in states that allow the extraction of oil from shale, the money has never been better. In many instances, people that may have thought they owned worthless pieces of land find that negotiating mineral rights to oil production companies have led to huge profits. However, if a person doesn’t own land in a place where oil deposits may happen to be fairly rich for standard oil drilling or shale, there are still ways to make money.

In some cases, one of the easiest ways to make money on oil is the stock market. Oil companies that are invested significantly in the production of shale oil, such as Exxon and Schlumberger, are great investments. With steady growth and fair dividends, investors would do well to go to these guys.

Another thing to consider is ETFs, especially ETFs focused on energy. These trading baskets that are dedicated to energy production—especially shale oil—have seen tremendous growth. With the growing need for domestic oil, these types of ETFs are likely to continue their upward momentum for many years to come.

Lastly, an ingenious way of making money and capitalizing on the growth in domestic oil is to own a well. It may seem simple, but owning a well is a great option, and it’s a long-term investment that can pay huge dividends. What is important to understand is a landowner that negotiates mineral rights will open up the opportunity for an investor to purchase a well and place it on the property. What some people fail to realize is that a standard oil well can produce oil for around 10 to 30 years. This can make for a huge return on investment that can last for one to three decades and sometimes even longer.

It may seem difficult to imagine, but there are huge profits to be made even if you aren’t a landowner sitting on a large deposit of natural gas or shale oil. By being inventive, creative, and looking for every possible opportunity, a person can capitalize on the millions of dollars available thanks to domestic oil production.