America is becoming one of the worlds biggest oil exporters. Does that make American oil companies a good buy?

I've been trying to wrap my head around this and could use some help.

The United States has gone from a net oil importer to a net oil exporter.

America is also not a member of OPEC and therefore doesn't have to follow their rules

Does this make American oil companies a good buy?

How does the price of oil affect US oil stocks? What about total supply and supply from other countries?

I'm looking at XOM and WTI but open to other suggestions

Submitted January 07, 2019 at 04:48PM by JamieOvechkin http://bit.ly/2RcHxnk