peak oil
pris sur PEAK AND CAPITAL
February 15th, 2008
"It's no secret anymore that for every nine barrels of oil we consume, we are only discovering one."
-The BP Statistical Review of World Energy
The world is addicted to oil. In just 8 years, it's projected the world will be consuming nearly 50,000 gallons of oil every second.
By that time, the world won't be able to meet the projected demand... for one simple reason: We're using up oil at breakneck speed.
And for those who look to Canada's oil sands as an answer to the Peak Oil crisis, consider this:
Once you get to the point where you burn more oil to run the pumps than a well is producing, you cut your losses and move on. That's why we're leaving so much oil in the ground. Hence the name "peak oil" or "easy oil."
The world economy and the strength of the dollar, you see, are directly related to oil supplies and cost.
Peak Oil is happening on a global scale... and while most of the world idly stand by, savvy investors are beginning to catch on.
To get our new Peak Oil News report, simply sign up for the free Energy and Capital e-Letter, a daily advisory on the fast-moving profits in the energy stock sector, written and edited by energy and natural resources investing expert Chris Nelder.
You'll get our latest Peak Oil Crisis report, including the following urgent details:
- Why we're never going to see oil at $40 a barrel ever again, and where the future of oil really stands...
- How 72.4% of ALL oil statistics and theories are made up on the spot...
- The 3 best ways to capitalize on the investment opportunities of a post-oil economy.
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