Dear Reader,
Make no mistake... If you're not prepared to capitalize on the global ceiling of oil production, you'll miss out on a moneymaking opportunity seven times bigger than the Internet bull market of the 1990s.
Even worse, if you're not prepared, your family could suffer, along with millions of others, if the nation were faced with a prolongued period of gas siphoning, job losses and food shortages.
As you read this, governments around the world are scrambling to develop other energy sources to replace dwindling oil supplies. The widely-followed and well-respected International Energy Agency (IEA) reported in 2006 that at least $20 trillion has to be spent to meet surging energy demand.
Others, like former White House advisor Matt Simmons, have recently said that between $50 and $100 trillion needs to be invested to update old and rusting oil & gas infrastructure.
Renewable and alternative energy alone is expected to account for about $20 trillion in wealth creation in the next 5 to 7 years.
When the dust settles, we could be looking at a market worth more than $120 trillion!
That's the equivalent of nearly 34 years of China's GDP!
In other words, while a lot of money's going to be spent, for those forward-thinking investors, tons more is going to be made.
And just in case you think those with a profit motive are the only ones talking about Peak Oil, let me reveal an alarming fact. Three years ago, in the same year we issued our prediction, the US Army commissioned a study called "Energy Trends and Their Implications for U.S. Army Installations."
The report states...
The Pentagon must take Peak Oil seriously. In terms of oil demand, it consumes nearly 400,000 barrels per day. If the Pentagon were a nation, it would rank 30th among all nations (just below Greece) with regards to oil consumption!
Praise for Profit from the Peak
[Profit from the Peak] provides a rich source of information with profound future implications. It is the "Future Shock" of the energy industry. - Dr. Joseph S. Maresca, May 3
"This book is an exciting read. Starts out with a history of oil and develops into fossil fuel alternatives. The author builds a convincing case that we are on the verge of peak oil production and how we need to prepare with the decline." - Gary Tattan, April 29
"This book is a clearly written, succinct, and well-referenced summary of information about, and related to, what I believe will be the most important issue to strike Western civilization ever: the end of cheap oil. This book is a must-have on the shelf of any savvy investor as we face the second half of the age of oil." - Dr. Charles Hall, ESF Foundation Distinguished Professor, College of Environmental Science and Forestry, State University of New York
"There's simply too much at stake, globally and personally, not to be fully up to speed on the concepts and strategies explained so eloquently in Profit From The Peak. I urge any serious thinker, investor....anyone at all, to read this book as soon as possible. Tomorrow may simply be too late." -Will Lowe, May 15
"This book is a well written and well-referenced guide about a topic we should all be concerned about; whether we can sustain or survive the end of cheap oil? This is a must have to help understand some of the alternatives to the oil crisis that we are challenged by on a daily basis." - Robert Bonitz, April 25
"Your new book, Profit from the Peak, is the best written, most detailed explanation of our current situation I've ever read, and I've read probably 20 books on the energy situation." - Frederick A. Green
Right now, the Pentagon, for example, is testing different fuel sources to run its defense. The B-52 Stratafortress recently flew using coal-to-liquids fuel! And it wasn't manufactured by Exxon, Sunoco or BP. The order was received by a little-known outfit specializing in the technology.
That's why Profit from the Peak is so vital to your financial health. The world is undergoing an epic energy shift. Hundreds of billions of dollars are being invested to develop the world's next major energy supply. It could be wind... it could be solar... or possibly nuclear. Perhaps it's all of the above.
But the point is... several new energy companies are coming to the forefront... and they'll be the next Exxon's and BP's of the world.
For those who understand the situation and are preparing their portfolios for the end of the oil age, the riches will be life-altering.
But those who think the world has an endless supply of cheap oil may see their investments ravaged, their lifestyles uprooted, and their retirement plans scrapped.
That's why for the past 2 years, the authors behind Profit from the Peak traveled tens of thousands of miles around the globe discovering the very best investment opportunities in this new age of scarce oil.
They've talked with dozens of oil & gas executives and alternative energy experts. They visited wind farms and geothermal sites. And they've taken helicopter tours over the Barnett Shale and Fort McMurray to get a firsthand look at the investment boom currently happening in natural gas and the oil sands.
The result of all this hard work is the publication of the single-most profitable book of the century.
Just last month the United Nations released a report that calculates global investment capital flows into renewable energy companies reached $100 billion for the first time in history last year.
And that figure will only go up as we head further in the Age of Peak Oil.
It's easy to understand why billions of investment capital are flooding into renewable energy.
Within the next 7 years, oil consumption is expected to increase from our current 87 million barrels per day to 103 million barrels per day. That's a net increase in consumption of 16 million barrels.
To put this into perspective, Saudi Arabia produces 9 million barrels per day. So between now and 2015, the world needs to find the equivalent of 1.8 Saudi Arabias!
The situation looks even more dire when you look to the year 2030. Oil consumption is expected to increase to between 118 and 123 million barrels per. So from today's demand of 87 million barrels per day, we have to find an extra 36 million barrels of oil per day!
That's roughly the production of 4 Saudi Arabias!!!
Maverick oilman T. Boone Pickens' plan for a mammoth wind farm in the Texas Panhandle is a $2 billion bet...
We don't take a lot of joy in the fact that our prediction has come true. We buy gasoline just like you. We fill up our cars once a week... and we cringe at the price.
But there is a silver lining.
The biggest crisis the world has ever faced is also its greatest investment opportunity.
In fact, it began in December 2005. You just didn't notice it because the mainstream media didn't report on this major milestone. But we understood its significance, and published our findings and views, repeatedly.
You see, the world consumed its one-trillionth barrel of oil in December '05. In the blink of an eye, half the world's known recoverable oil reserves were gone.
With roughly 1 trillion barrels remaining, matched against our current rate of consumption of 87 million barrels per day, the world has just 31 years left of oil!
And as the world heads into the second half of the Oil Age, companies and governments alike are pouring hundreds of billions of dollars to find new oil reserves and to develop alternative energy like wind and solar.
But as we shall see, the stark reality of our current oil production will have much more immediate effects. Shortages and persistently higher prices are the first indicators, which are already here.
Higher prices will undoubtedly lead to reduced demand, and the oil that remains will last a little longer.
But it appears certain that within the next decade, and possibly within the next three years, we will be forced to start living with progressively less oil each year, every year, for the next century - with profound effects on the economy and just about everything in life as we know it.
Let us be clear about this - This is the most serious challenge the world has ever faced.
From our current vantage point, most people still believe that cheap and abundant oil and natural gas will continue to provide us with low gasoline and grid electricity prices for at least several decades more, just as they have in the past.
This is especially true for the pundits and analysts who regularly appear on television to talk about how improved technology will continue to lower energy costs and bring as much energy to market as we demand... therefore forcing the price back down to $35 a barrel.
Again, remember Steve Forbes' infamous prediction in 2005 that higher oil prices would cause supply to increase and outpace demand.
But, according to Matthew Simmons, the world's top oil investment banker and an energy adviser to President George W. Bush, the idea that cheap oil would last forever is a 21st-century myth: "The religion was faith-based, not fact-based! It was an illusion!"
At the first Association for the Study of Peak Oil and Gas (ASPO) conference in 2005, Simmons observed that the peak oil problem had started to look like a "theological debate," and quoted Dr. Herman Franssen, saying, "'It is time to leave 'I believe' inside a church."
Here are the facts: The largest oil reservoirs are mature, and their production is falling. Approximately three-quarters of the world's current oil production is from fields that are two or three decades old, past their peaks and beginning their declines.
Much of the remaining quarter comes from fields that are 10 to 15 years old. New fields are diminishing in number and size every year, and this trend has held for over a decade.
And enhanced oil recovery technology, rather than making ever-greater amounts of oil available, has had the perverse effect of simply allowing us to deplete the existing oil basins more quickly.
Instead of creating future supplies of cheaper energy, enhanced oil recovery has caused us to sell the supply of those high-quality, nonrenewable resources as quickly and as cheaply as possible - leaving little for the future, and that at a much higher price.
"The price of oil could get as high as $185 a barrel with oil hitting $80 a barrel within the next two years." - Brian Hicks, March 3, 2005
" . . .you can kiss $45 a barrel goodbye . . . maybe even $50! In fact, we're probably facing a price spike between $80 to $100 a barrel within the next 24 months." - Brian Hicks, January 18, 2006
" . . . I think these estimates are a bit on the conservative side, and we should see $80 oil this year, no problem." - Chris Nelder, January 18, 2007
"Today, we're calling for the price of oil to reach over $100 within the next twelve months." - Brian Hicks, October 15, 2007
To put oil depletion in context, consider these facts:
For every calorie of food that we consume in the United States, 10 calories of fossil fuel input were needed in the form of fertilizers (made from natural gas); pesticides and herbicides (made from oil); fuel to run the machines that plant, tend, harvest, transport, and process the goods; and fuel to deliver them to your grocery store and keep them cold there.
And that doesn't even count the energy needed to transport you to the store, and you and your groceries back home, nor the energy used to cook the meal.
The massive inputs of fossil fuels into food production are what have permitted the world population to increase from around 1.5 billion people at the turn of the twentieth century to its current level of around 6.7 billion people.
In a very straightforward way, food is oil and gas. Food travels an average of 1,300 miles from the farm to the plate in North America, leading critics such as James Howard Kunstler to decry the "3,000-mile Caesar salad" that travels from California's breadbasket, the San Joaquin Valley, to his table in Scranton, Pennsylvania.
But peak oil challenges more than our ability to feed ourselves.
The security costs alone of having the U.S. military protect the oil supplies of the Persian Gulf are around $44 billion per year.
In fact, an in-depth analysis of the true total economic cost of the nation's growing dependence on imported oil is estimated at $825.1 billion - almost twice the President's $419.3 billion defense budget request. And much of that goes into the pockets of people who despise the U.S.
Our dependence on oil - of which nearly two-thirds is imported - is a constant drain on the nation's treasury, not to mention the blood of its soldiers.
We need oil for nearly everything we do, and our entire infrastructure is built on the assumption that there will always be more when we want it, with very little storage or slack along the way. We have a serious challenge ahead of us.
But like I mentioned earlier, every crisis contains the blueprint for its own solution. As entrepreneurs, inventors, the scientific community, and even Big Oil race to find the next abundant energy source, the largest potential crisis of the twenty-first century has also become its greatest investment opportunity.
US President George W. Bush said on Saturday that a hike in oil output by Saudi Arabia would not solve American energy problems.
"It's not enough, it's something but it doesn't solve our problem," Bush told reporters in Egypt's Red Sea resort of Sharm el-Sheikh.
Bush said he was "pleased" with a Saudi decision taken on May 10 to increase its oil production by 300,000 barrels per day in response to customers, but said that he was "also realistic" about what the Americans should do.
"Our problem in America gets solved when we aggressively go for domestic exploration. Our problem in America gets solved if we expand our refining capacity, promote nuclear energy and continue our strategy for the advancing of alternative energies as well as conservation," he said.Divided into three comprehensive parts - The Crisis in a Barrel, Making Money from the Fossil Fuels That Are Left, and Energy after Oil - Profit from the Peak contains the information you need to successfully navigate this epic event.
Hicks and energy expert Chris Nelder take a hard look at the future of oil and gas, discuss how you can effectively invest in these resources, and detail the potential profitability of energy alternatives that are poised to power the years ahead. Along the way, they also explore the potential, as well as the inherent limitations, of each major energy source and carefully cover the investing angles of each one.
Filled with in-depth insights and practical advice, Profit from the Peak will help you understand this ever-changing marketplace so that you can excel in it. Issues addressed include:
But Profit from the Peak is more than just a guide to capitalizing on a potential energy crisis. By asking how this situation could affect you as both an investor and an individual, it offers a sobering assessment of where we are and what it will take to find a way forward amidst the coming changes.
Even with the price of oil splashed all over the television screen, most Americans have no idea of the crisis - and its investment opportunity - that's brewing. They've been brainwashed by "it's Big Oil's profit gouging" argument the media pundits and politicians spew whenever oil and gasoline hits record prices.
It's those delusions that the clueless politicians have so readily spread to citizens that have created the misguided attitudes so many Americans have come to believe as fact. You see, there's a horde of "cheap oil will last forever" believers who can't imagine the Age of Oil will ever end.
But that's changing fast.
That's why we believe Profit from the Peak is one of the top must-read books of 2008. This book is a blueprint and safety net for growing and preserving your wealth in the era of Peak Oil.
Inside Profit from the Peak, you'll discover over 30 companies that will be meeting the future of the world's energy needs. Some are big, billion-dollar companies.
Profit from the Peak may well be the most important reading you'll do in the next five years during this period of unrelenting oil price spikes.
Hicks and Nelder wrote Profit from the Peak to warn you of the coming danger and give you a clear path to profits. They give you the knowledge you need to protect yourself - and prosper - as the Age of Oil comes to perhaps a violent end.
With just a few simple steps, you can prepare your portfolio to weather the energy crisis. Profit from the Peak will show you everything you need to know. And if you act now, you can get your own copy of Profit from the Peak for just $18.45. That's a full 34% off the cover price, click below to order today.
We believe Profit from the Peak, for less than $19, is the most important financial purchase you can make this year, more important than any stocks or index funds you can find.
After reading it, I'm sure you'll agree.
Sincerely,
John Phillips
Publisher, Angel Publishing
P.S. The US House of Representatives just passed a bill to sue OPEC for limiting the supply of oil, and therefore driving up the price. Idiots!
Forget suing OPEC. What every congressmen should do is read Profit from the Peak to learn how America can solve this crisis by investing in new forms of energy, as well as increasing domestic production.
"This book is a clearly written, succinct, and well-referenced summary of information about, and related to, what I believe will be the most important issue to strike Western civilization ever: the end of cheap oil.”
-Dr. Charles Hall, ESF Foundation Distinguished Professor, College of Environmental Science and Forestry, State University of New York
"Profit from the Peak will help you develop and maintain financial security as the price of oil soars and our globalized economy gets into trouble.”
-Julian Darley, founder of the Post Carbon Institute and author of High Noon for Natural Gas
"Brian and Chris deliver the painful yet potentially profitable truth about peak oil. Not theory anymore, but reality. This book is a must if you want a clear path to profits in the age of peak oil."
-Kevin Kerr, Editor of Dow Jones Global Resources Trader and President of Kerr Trading International
"Profit from the Peak shows not only why investment in alternative energy sources is about to skyrocket, but more importantly, where investment is going to pay off the most, by concisely describing the huge variety of upcoming energy sources and their relevant companies."
-Rembrandt Koppelaar, oil analyst, President of ASPO Netherlands
Profit from the Peak shows the one investment right now that's a guaranteed winner against rising oil prices. Don’t miss out on this important energy investment Wall Street has never heard of.