These Are The Companies That Will Make A Killing Off Of The Coming ‘Industrial Revolution’ In America
Last week, Citi analysts argued that technological breakthroughs—particularly in shale oil extraction—that will allow energy companies to exploit petroleum resources that were formerly inaccessible could spark an “industrial revolution” across the North American continent.
A follow-up report from Citi’s equities team highlights the companies that are already in position to take advantage of this energy boom. While analysts argue that the effect of an energy boom would be transformative and extend far beyond the oil industry, these are the companies that will be directly and locally impacted by the technological breakthroughs in resource extraction.
Read more: BI
- The US Energy Industry Is Going To Grow So Fast, It Will Spark A New ‘Industrial Revolution’ (tarpon.wordpress.com)
Posted on March 26, 2012, in AMERICAS, North America, United States and tagged business, Citigroup, energy, Energy industry, Extraction of petroleum, gulf of mexico, Industrial Revolution, Liquefied natural gas, Natural Gas, Natural resource extraction, News, oil, Shale Oil, Stocks, United States. Bookmark the permalink. 1 Comment.