To counter this, European nations are beginning to look within their own borders for their energy needs: oil, natural gas, coal, and uranium. Every bit of energy that they can produce domestically means energy that does need to be imported from Russia. Considering the fact that Russia has shown that it is willing to shut off all natural-gas flow to Europe if it doesn't get its way, it is a good idea for Europe to start turning on the drills.
It is also no secret that Europe needs more jobs for its people. With unemployment in the Eurozone reaching 12% and youth unemployment almost 25%, governments are also desperate to find ways to keep their population productive instead of protesting in the streets. The oil and gas sector represents an industry that could potentially lend a helping hand by employing thousands of people.
We firmly believe that we are in the middle of an European Energy Renaissance. Governments of Europe will begin to open up their countries to more oil and gas exploration.
Regulations will be relaxed. Energy taxes will be reduced.
And investors in the right companies will profit greatly.
When we were the first to write about the shale potential in Europe back in 2008 and recommended the first energy company to drill an economic shale well in Europe, our subscribers were able to net a 720% return on their investments.
And we believe that we have a company in our portfolio that is just as good: a junior exploration company that is sitting in the heart of Europe. By applying new technology to old fields and old wells, it may very well be sitting on the next Bakken.
In our Casey Energy Report, we will also be doing a report of the energy situation in Europe to look for further opportunities for profit just like this in the near future.
So ask yourselves this: Are you content with sitting in the Old World, mocking every profitable ship that passes you by? Or are you ready to set sail and explore this New World of energy with us?