4 Things to Know Before You Invest in Oil and Gas
Oil and Gas is one of the most lucrative industries and investment options in the US right now. If you are a high net worth individual looking to diversify your investment portfolio, investing in oil and gas investment projects is a great move. There are many trusted oil and gas investment firms that can help you when it comes to making the right moves when investing in oil and gas. But before you venture into investing in the industry, there a few things you must know. Continuing on the subject, here is a list of 4 things you must know before you invest in oil and gas. There is a Major Production Shift at the Global Scale For the past few decades, the Oil Producing and Exporting Countries (OPEC) held an absolute monopoly over the production and export of oil. But as of now, there has been a major shift in the production landscape and the dominance of OPEC members has all but ended. The US is now the largest producer of oil in the world. Currently, 60% of the world’s oil need