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Two ETFs For The Eagle Ford Shale And Permian Basin

The Eagle Ford Shale and Permian Basin, both in Texas, are two of the most oil-rich deposits in the U.S. By some estimates, the Permian Basin accounts for 17 percent of total U.S. crude output.Eagle Ford, which is located in South Texas, has the potential to be the largest ever oil find in the lower 48 states. Estimates range from 7 billion to 10 billion barrels of recoverable reserves . Some estimates have gone even higher than that.The boom in U.S. oil production, particularly in Eagle Ford and the Permian Basin, presents opportunities for energy sector investors."The increase in production in the region is fostering midstream development, including building new pipelines, expanding existing pipelines, railcars, trucks, and barges," said S&P Capital IQ in a new research note. "We are positive on midstream companies leveraged to liquids production in the Eagle Ford Shale and Permian Basin."In the note, S&P Capital IQ extols a bullish stance on a range of master limited partnerships, o...

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