You're receiving this email because you're subscribed to Ring the Bell from Benzinga. To manage your subscription, click the link at the bottom of this email.

The numbers are in, and they do all the talking.

The U.S. is producing more oil than any country in history. The country’s output averaged 12.9 million barrels per day in 2023, smashing the previous record of 12.3 million barrels per day in 2019.

America's oil production is growing so fast, the International Energy Agency says it will cause a production glut that humanity has only seen once before: during the spring of 2020, when oil demand crashed during COVID lockdowns.

You may remember what happened next. After selling off initially, oil and gas stocks went on to be the top performers on the S&P 500 in 2022.

Schlumberger (SLB), APA (APA), Valero Energy (VLO), and Haliburton (HAL) took the top four spots on the S&P 500 that year, up 80.4%, 75.2%, 73.3% and 72.4%, respectively.

Now history is about to repeat itself as America’s shale boom makes OPEC irrelevant.

Here are the top 3 stocks likely to benefit from America's new energy dominance.