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 Brian Hicks and Chris Nelder, the authors of “Profit from the Peak: The End of Oil and the Greatest Investment Event of the Century (Wiley; March 2008; $27.95; 978-0-470-12736-0; Cloth),” 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. Investment professional 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:
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— What is Peak Oil?
— Which companies are best positioned to take advantage of this event?
— What does the future hold for all fossil fuels?
— What investment opportunities are available in the solar, nuclear,
geothermal, and biofuel sectors?
— How can we adjust our infrastructure to accommodate various
alternative energy options?
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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 amid the coming changes.
ABOUT THE AUTHORS
Chris Nelder is a self-taught energy expert and solar designer who has intensively studied peak oil for years and written hundreds of articles on peak oil and energy in general. He also founded and published an online magazine called Better World in the mid ’90s, as part of his lifelong interest in fostering environmental and social responsibility. Nelder is a frequent contributor to Energy and Capital, among other publications, and is an active investor in energy.
Brian Hicks worked for Agora Publishing, one of the largest financial newsletter publishers in the world, for ten years before helping to found Angel Publishing, an investment firm that researches profit opportunities in megatrends in the markets. In addition to being the Managing Editor of Energy and Capital and The $20 Trillion Report, Hicks writes a weekly column for Wealth Daily concerning high-profit opportunities in the ever-tumultuous geopolitical environment.
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“Profit from the Peak”
By Brian Hicks and Chris Nelder
Wiley; March 2008; $27.95
978-0-470-12736-0
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