Lately I've been seriously interested in oil and gas investing. I know that there's a great deal of money to be made as I look at the current gas prices! Although the future is probably going to be in solar power and there will probably be many new ways to use energy, I think we're still going to depend on oil and gas for many things.

I just found out about a company called Lone Star Securities that deals with oil and gas investments. They've been helping investors with oil well investments for over 20 years. Browsing through their website, I learned a few things...

In essence, there are two ways you can invest in oil and gas:

1. Purchase regular stock in an oil and gas company
2. Direct participation in an oil well(s) and receive a share of the income

I didn't know that option 2 was available - which is good to know. What is also interesting to note is that direct investors are entitled to substantial tax deductions and there are no income tax deductions. I also like the idea of receiving a monthly revenue check.

If you're interested in oil and gas investments, I recommend reading Lone Star Securities' online ebook, "Understanding and Investing in Oil & Natural Gas".

As with any kind of investing project I investigate, it's going to take some time to learn the industry and to find those companies to invest in who do business with honesty and integrity. I'll be reporting my findings here as I go along. Stay tuned!