Post your Questions, Observations, Comments, Ideas and receive feedback from members. Listen to the "wisdom of the crowd"

Author Topic: Oil and Gas: An Investment Always in Demand  (Read 1167 times)

Offline Admin

  • Administrator
  • Hero Member
  • *****
  • Posts: 1178
  • What do you think +3/-0
  • Gender: Male
  • Watch me as I unfold
    • View Profile
    • Oil & Gas Planet
Oil and Gas: An Investment Always in Demand
« on: May 13, 2013, 07:35:08 PM »
Oil is the lifeblood of modern civilization and almost has single-handedly made industrial civilization possible. We are more than just dependent on oil, we are addicted to it. And despite countless attempts to render it less important, no suitable energy substitute is anywhere close to being found.
 
The roots of our dependence on oil go much deeper than our reliance on Gasoline, fuel and heating oil. Petrochemicals, or substances derived from Petroleum, are important in almost everything we eat, wear and use. Here are just a few items to consider:  pesticides; fertilizers; detergents; food additives; tires; nail polish; lipstick; pillows; and even ink.
 
Global Demand for Oil
With the global demand for oil continuing to grow, have you considered investing in oil and gas with a self directed IRA? It could be an ideal way to grow and produce yields for your retirement with a producing Well. It’s no wonder global demand for oil continues to rise, year after year. And amidst this incessant thirst for more, the leading producers around the world are watching their production levels steadily decline.

As this occurs, the basic economic forces of supply and demand take charge. This fundamental economic principal has been the principal influence over prices throughout history and remains the driving force behind rising oil prices of late.
 
Increasing Demand
The United States is the third largest oil producer in the world, but also the single largest consumer, producing 8% of the world’s oil and consuming 25%. The United States consumes much more oil than it produces – a trend that is expected to continue well into the foreseeable future.

As demand all over the world continues to rise while production simultaneously continues to decline, the ever-widening gap creates an inexhaustible rise in the dependence on foreign oil imports by many advanced countries. And the United States’ crucial dependency on foreign oil imports makes it very vulnerable.

In Nigeria, the inability of our Petroleum Refineries to meet up with daily demand by the populace has driven us to making foreign imports even when we are Africa's largest producer of Oil and Allied products

Unfortunately, there are but two viable means of reducing dependency on foreign imports by any country. The first is to reduce its oil consumption. So far, this one shows very little promise. The second is to increase domestic production. This one does have potential.
 
Profitable Ventures with Your Self Directed IRA
The ability to extract oil and gas from the ground at a fraction of today’s market prices can make drilling ventures very profitable. And that can have a substantial impact on a portfolio’s overall performance – especially self directed IRAs.
 
Many investors are surprised to discover they can invest in oil and gas drilling projects through their IRAs. And Equity Trust Company makes it easy through self directed IRA investing. A number of partners in the Oil & Gas Industry have begun to allocate a portion of IRAs toward drilling projects with notable results.


Adewale Odubiyi
Owner, Nigeria Oil & Gas Forum

Nigeria Oil & Gas Forum

Oil and Gas: An Investment Always in Demand
« on: May 13, 2013, 07:35:08 PM »

 

Related Topics

  Subject / Started by Replies Last post
0 Replies
1321 Views
Last post May 29, 2013, 10:46:30 PM
by Admin
0 Replies
891 Views
Last post June 07, 2013, 07:45:29 AM
by Admin
0 Replies
370 Views
Last post July 30, 2014, 08:59:55 AM
by Admin
0 Replies
399 Views
Last post November 14, 2014, 02:50:11 PM
by Admin
0 Replies
504 Views
Last post February 23, 2016, 05:04:57 PM
by infotech

Sponsored Ads

Quick Links

About Us
Contact us
Register
Privacy Policy

Contact Info

Nigeria Oil & Gas Forum

Email Address
info@oilandgasforum.com.ng
Contact Form
Business Hours
9.00am - 5.00pm (Mon - Sat)

Would you like to partner with us on this forum?

Then you can contact us here


Nairaland     Oil Prices     UK Gas Forum     Ghana Gas Forum     Russian Oil & Gas Forum     Israel Oil Forum     Agric Forum      freeslots.la

Powered by EzPortal