Europe Can't Get Its Energy House in Order

While it may be easy to complain about energy prices in the U.S., it's nothing compared to what people pay in Europe. Yet, despite high prices and the discovery of shale resources, countries that do have resources can't seem to get things figured out. This week, Chevron's plan to explore for natural gas in Ukraine was put on hold as local authorities have to each give their approval before the national government can issue a license to the company. Also, Chevron might not have much to look forward to. Royal Dutch Shell , the company who already has permission to drill in Ukraine, needs to hand over 31% to 60% of the gas it produces to the government. 

European countries are becoming the poster child of how issues on the surface can have just as large of an effect on oil and gas drilling as is the prospect of the rocks below the surface. In this video, Fool.com contributors Tyler Crowe and Aimee Duffy discuss why Europe can't match the success of the U.S. in shale drilling, and what investors should look for in European drillers.

There are many different ways to play the energy sector, and The Motley Fool's analysts have uncovered an under-the-radar company that's dominating its industry. This company is a leading provider of equipment and components used in drilling and production operations, and poised to profit in a big way from it. To get the name and detailed analysis of this company that will prosper for years to come, check out the special free report: "The Only Energy Stock You'll Ever Need." Don't miss out on this limited-time offer and your opportunity to discover this under-the-radar company before the market does. Click here to access your report -- it's totally free.


The article Europe Can't Get Its Energy House in Order originally appeared on Fool.com.

Fool contributor Aimee Duffy has no position in any stocks mentioned. Fool contributor Tyler Crowe has no position in any stocks mentioned. You can follow them both on Twitter@TMFDuffy and @TylerCroweFool, respectively. The Motley Fool recommends Chevron. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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