How to profit from new US energy developments

US

Tana Focke, fund manager of the Smith & Williamson North American trust, looks at the sectors set to boom from the US becoming energy independent.

The US is the fastest growing oil producer in the world? It is hard to believe when for 30 years production has been falling in the lower 48 states. But in the last two years this has changed and I believe the new finds will change the whole country and its outlook. The foreign policy, for example, will be very different. Why should the US interfere in the Middle East? Why should it act as peace keeper to the world? Psychologically it will alter the way the citizens think about their country and their relationship to the world outside. Their policy could become more isolationist and f...