A recent forecast by the International Energy Agency (IEA) foresees the United States to play an instrumental role in meeting the world’s growing demand for oil over the next 5 years, with the country estimated to export approximately 5 million barrels a day by 2023. Oil companies are working night and day to increase the production to meet the increasing demand, which translates into great opportunities for investors to join the energy wagon by partnering with a trusted capital management firm such as Fig Tree Capital Ventures. Continue reading to learn how the American oil and gas industry will shape up in the future and what the shift would mean for investors.
The Outlook
The IEA, that advises energy-consuming countries, offered the following pointers that say alot about the potential of energy investments:
- Production in the United States will meet 80% global growth in demand for oil over the next five years.
- Global energy demand will grow about 7% by 2023, to 104.7 million barrels of oil per day.
- The world capacity to produce oil will hit 107 million barrels a day.
- The strongest growth is expected to come from the Permian Basin.
All the predictions by the IEA point to the fact that the US is an untapped ocean of energy investment opportunities, as long as one knows their way around the industry.
What Will Shape Future Investment Strategies?
Despite the fact that a number of companies are working towards harnessing renewable energy, the demand of oil and gas is expected to increase in the coming years. The increasing demand and oil prices are leading to a volatility that is ultimately going to shape both production and investment strategies. To meet the increasing demand, oil companies will need to boost their production, which is inevitably going to increase investment opportunities for qualified investors. The only gap remaining to be filled is finding promising oil and gas opportunities that can deliver on your ROI expectations.
Looking for Energy Investment Opportunities?
If you wish to capitalize on the booming US oil and gas market, FIG Tree Capital Ventures can be your trusted investment consultant. With years of experience in the field of energy investments, we are ideally positioned us to help qualified investors invest their money in promising oil and gas investment opportunities. For more information on our oil and gas investment options, click here. To learn more, fill out our contact form or call (866) 304-9194.
