The Latest News:

  • The U.S. shale boom could bolster MLPs.
  • As new drilling and production techniques advance, MLPs will benefit by providing the necessary infrastructure to move around the extracted oil and natural gas.
  • U.S. crude production hit a 28-year High last week on increased shale oil production, reports Mark Shenk for Bloomberg.
  • “This is an incredible phenomena that looks set to continue,” John Kilduff, a partner at Again Capital LLC, said in the Bloomberg article. “There’s a long way to go before we explore and exploit all of the shale deposits out there.”
  • The U.S. met 87% of its energy needs in 2013 and touched 90% in December, the most since March 1985, according to the Energy Information Administration.
  • The EIA calculates that crude output will average 8.46 million barrels a day this year and 9.24 million per day in 2015, the highest average since 1972.

Direxion Zacks MLP High Income Shares

For past stories in this series, visit our ETF Spotlight category.

Max Chen contributed to this article.