If you aren't
familiar with the North American energy boom by now, then you've likely
had your head stuck in shale rock for the past several years.
New technologies such as hydraulic fracturing, or "fracking," for
getting oil and natural gas out of the shale formations, as well as new
high-tech techniques that have uncovered hitherto unknown oil and nat
gas supplies, have created not just a boom in energy, but a virtual
renaissance in North American energy production.
With many of the
best companies in the oil and gas drilling and equipment segment
drowning in revenue and profits, it's been a great time to be an energy
investor. (more)
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