Profit From the Peak: The End of Oil and the Greatest Investment Event of the Century
August 2, 2008
There is no doubt that oil production will peak, if it hasn't already, and that all other fossil fuels will peak soon after. The important questions for investors are: when will it happen, to what extent, and what can I do to capitalize on it?
According to authors Brian Hicks and Chris Nelder, we're quickly facing the end of our oil-based economy. Half of the world's known oil reserves are gone, and with roughly a trillion barrels remaining—and consumption up to eighty-six million barrels a day—the world has about thirty years of oil left. And that's a best-case scenario.
But 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 the greatest investment opportunity of this century. In fact, the International Energy Agency (IEA) estimates that at least $20 trillion will have to be invested over the next twenty-five years to meet surging energy demand.
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.
Chris Nelder is managing editor and investment director of Angel Publishing's Energy and Capital letter. He's a self-taught energy expert who has intensively studied Peak Oil for nearly a decade, having written hundreds of articles on politics and the oil/energy markets. He also founded and published an online magazine called Better World in the mid '90s, as part of his lifelong interest in sustainability. From the time he bought his first stock at the age of 9, through several years of working as a software developer for MSN Money, and on up to the present, Chris has been a staunch believer in solution-oriented investing.