Now that the year is coming to an end, it's time to reflect on what transpired. One major trend analyst Taylor Muckerman notes was the "re-shoring" of major oil producers' activities. This charge was led by such notable names as Apache Corp. , Marathon Oil , and Occidental Petroleum . There are several reasons why, but one of the biggest is the likelihood of tremendous oil and natural gas reserves still residing underneath our soil. For more, tune in below.
Here's what these oil majors are hoping they didn't miss out on
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The article In 2013, Geopolitical Risk and America's Energy Boom Cause Several Major Energy Companies to Re-Focus originally appeared on Fool.com.Joel South and Taylor Muckerman have no position in any stocks mentioned, and neither does The Motley Fool. 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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