This Oil Pipeline Stock Could Jump 116% Thanks to Booming Production
September 07, 2018 at 15:38 PM EDT
After years of subpar performance, North American Oil Production is back. According to a report published by the U.S. Energy Information Administration last week, U.S. oil production rose to 10.7 million barrels a day in June. This is the latest jump in what has turned into a two-year rally for a beleaguered North American oil industry. And it shows no signs of letting up - June's numbers put the U.S. on track to reach a record 11 million barrels a day before the end of the year. Tags: Oil To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2018 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post This Oil Pipeline Stock Could Jump 116% Thanks to Booming Production appeared first on Money Morning - We Make Investing Profitable .