These Are The Companies That Will Make A Killing Off Of The Coming ‘Industrial Revolution’ In America

Simone Foxman

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.

In fact, they think that oil production could almost double—in just the next 8 years!

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.

Click to see the companies >

Read more: BI

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