More than 97 percent of stock in U.S. oil and natural gas companies is held by the public, including many Americans who depend on these earnings to secure their retirements through investments in IRAs, 401(k)s and pension funds. So when oil and natural gas company earnings are strong, it’s good news for retirees. In fact, we conducted a study showing that public pension funds benefit greatly through investments in oil and natural gas industry stocks.
A follow-on recent study showed some of America’s most important institutions – its colleges and universities – realize a significant economic benefit as owners of oil and natural gas companies.
Over the last decade America’s colleges and universities have enjoyed strong returns from their investments in the industry, which have outpe... more »