Blog > Oil and Energy > Profit from oil, without buying oil companies
 | Email This Article Email This Article  | 

Profit from oil, without buying oil companies

Posted August 14, 2008

"You’ve probably heard about Brazil’s Tupi and Carioca, which may be the two biggest oil fields discovered in the last 30 years." — Chris Mayer

Blogger’s note: Want to profit from oil not just now, but for years into the future? Don’t look to the oil producers. Look to the manufacturers and maintenance companies that support them.

Oil prices may be down from their peaks, but they’re still high enough to push oil producers to find and open new fields. And that requires a lot of infrastructure to be built and maintained by other companies, who are making out like bandits. Want to know where to look for oil profits without investing in the oil producers? Chris Mayer of Whiskey and Gunpowder has some interesting ideas on how to profit from those companies that exploit the needs of oil producers. Read on below to learn more.

by Chris Mayer

Baltimore — (TFN):  The Adventures of Tintin is a comic book series started back in 1929. My nine-year-old son loves it. I enjoy reading it along with him because the hero of the series, a young Belgian reporter named Tintin, often finds himself in interesting historical settings and exotic places. (My favorite story is “The Blue Lotus,” which takes place during Japan’s occupation of China in the 1930s.)

In one of these adventures, Tintin discovers oil on old American Indian lands. In a series of panels, a little construction boom transforms a wilderness into a busy city in a matter of hours. It’s funny, but it also makes a point: After you discover oil, there is a whole lot that comes after that. The infrastructure of the oil business, you might say. I was thinking of Tintin after reading more about Brazil’s big oil discoveries.

~~~~~~~~~~~~~~~~~~~~~~~~~~ Special Offer ~~~~~~~~~~~~~~~~~~~~~~~~~~

Here’s your chance to grab your FREE subscription to Whiskey & Gunpowder, the World Wide Web’s only e-newsletter that covers resources, oil, geopolitics, military history, geology and personal freedom.

Each and every issue will bring you a different perspective on the markets or geopolitical news. Make sure you know what the future holds – get a FREE subscription today!

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

You’ve probably heard about Brazil’s Tupi and Carioca, which may be the two biggest oil fields discovered in the last 30 years.

The Tupi field may hold 8 billion barrels of oil. If true, only the 15 billion-barrel Kashagan field in Kazakhstan, discovered in 2000, is larger. Tupi, though, may be small potatoes next to Carioca. This latter field may hold 33 billion barrels of oil. Again, if true, Carioca would be the third biggest oil discovery in history, behind only the mammoth Ghawar in Saudi Arabia and the Burgan in Kuwait. Brazil has another field it is assessing now, called Jupiter, which could be of the same scale as Tupi. Read on to learn more.

****Make sure you sign up for our FREE TFN News Feed for breaking news, special reports and new financial videos. You can pick your favorite reader. Or if you prefer, you can have the feed delivered to your email.

Related Articles


Posted by TFN-Oil · Filed Under Oil and Energy 

Comments

close Reblog this comment
Powered by Disqus · Learn more
blog comments powered by Disqus