If you are a sophisticated investor frustrated by the stagnation of the U.S. economy and tired of waiting for the government to do something to create jobs and create growth, oil drilling investment can put you in the driver’s seat. Where financial markets continue to founder and real estate markets have simply dived off the map, oil drilling investments are presenting opportunities for enormous profit, long-term gains, and extraordinary tax benefits.
But oil drilling investment is more than just a way for you as an investor to create wealth, protect wealth, and offset income through the generous tax benefits available for certain types of oil drilling investment. Oil drilling investment opportunities put you in the seat of power, allowing you to directly affect the U.S. economy by investing in an industry that creates jobs.
There is no argument that the creation of jobs can have a significant impact on the U.S. economy, because when more people are working, more people have expendable income and can spend that money to fuel more economic growth. It becomes a beautiful cycle in which growth creates more jobs, which creates more growth, which creates more jobs. Unfortunately, when most of the jobs are in retail and only pay minimum wage, they aren’t really fueling the economy the way oil drilling investment can.
Oil drilling investment increases the demand for skilled workers who will be paid more than minimum wage for the work that they do. These skilled workers and laborers contribute positively to the economy, and oil drilling investment is one of the ways to increase these types of jobs. The oil industry is changing, with technology impacting everything from the way we search for new oil reserves to how we drill for oil, and oil drilling investments not only benefit from that technology with improved returns and better likelihood of successful wells, but also by creating jobs that provide a livable wage.
Oil drilling investment is not for everyone. In fact, the joint ventures and partnership opportunities that allow investors to have this capacity for making a difference are limited to accredited investors whose income and resources must meet specific criteria. But if you do meet the criteria of having an income of more than $200,000 ($300,000 between you and a spouse), then oil Where financial markets continue to founder and real estate markets have simply dived off the map, oil drilling investments are presenting opportunities for enormous profit, long-term gains, and extraordinary tax benefits.he direction of our economy.