What the hell is going on?!
I learned last week that an Oregon man was fined $1,500 and sentenced to 30 days in jail for — get this — collecting rainwater.
Oregon resident Gary Harrington applied for three permits to store storm and snow water runoff on his property. He was approved for those permits back in 2003... but the state court has since reversed the approval.
Apparently, Oregon law dictates that all the water in the state of Oregon is public water.
By collecting and storing storm and snow water runoff, Harrington was supposedly diverting water away from the Big Butte River, where the county of Medford gets its water.
So essentially what the state of Oregon is saying is that rainwater that falls on Harrington's land is not his.
Look, folks, I don't know if it's just me, but I have to admit every year it seems like I see more and more of this kind of stuff.
More instances of the government looking to skim a few more pennies from us... More instances of bureaucratic buffoons interpreting laws in an effort to bully hard-working Americans... More instances of just irrational behavior on the part of unethical lawmakers who make decisions based on who's going to pony up the fattest campaign contribution come election time.
As for Gary Harrington, he'll be heading off to jail soon.
But he made no secret of his decision to keep fighting the government on this issue, telling reporters: “When something is wrong, you just, as an American citizen, you have to put your foot down and say, 'This is wrong'; you just can't take away any more of my rights and from here on in, I'm going to fight.”
I'm rooting for Harrington — just as I'm rooting for all of us to stand up and fight to maintain our freedoms and our very fortunate way of life.
Just for Starters...
Here at Energy and Capital, it is our number one priority to help you build and protect your wealth.
Because the bottom line is that when the proverbial poop does finally hit the fan, those who have not amassed enough wealth to swim upstream against an inflationary storm will be screwed.
And believe me, the day of reckoning is not far off...
As my colleague Nick Hodge wrote a few weeks ago:
We're dependent on foreign oil; we have over 45 million people on food stamps; we fight constant years-long trillion-dollar wars; our national debt's through the roof; we have an adolescent prescription pill epidemic; Social Security's unsustainable and running out; and Americans have lost 40% of their wealth with the middle class taking the hardest hit.
And this is just for starters. But I don't want to waste your time today talking about all the reasons you need to be in full preparation mode for when the house of cards come crashing down.
Because quite frankly, at this point, if you don't already see that storm coming, you never will.
Instead, I simply want to talk about another way you can chalk up a quick double on a domestic oil play — and use your winnings to help cushion yourself and your family against the plague of inflation and lawlessness that is blowing across this nation like a violent dust storm.
It Could Triple U.S. Oil Production
It was in Scurry County, Texas, in 1972 when the first commercial-scale enhanced oil recovery system using CO2 injections went online.
Today the United States is the largest employer of this kind of technology in the world.
Of course, back in 1972 there were plenty of skeptics who refused to embrace this technology — and preferred complacency and defeatism over progress.
But those folks have since been silenced, and thankfully, thanks to the great success we've seen with enhanced oil recovery over the years, the latest oil recovery technology is being greeted with open arms — and mountains of cash.
Perhaps this has something to do with the fact that we're desperate to kick OPEC to the curb, and this technology allows us to triple production in the United States...
Or maybe it's just because this latest technology is already being used by BP, Chevron, and Halliburton — and has already been deployed at more than 175 wells across North America...
Either way, it's this technology that's putting some serious dollar signs in the eyes of oil producers.
To put it simply, this latest enhanced oil recovery technology has the ability to increase individual well production by as much as 1,000%!
It's for that last reason alone I jumped at the opportunity to investigate the company behind this technology...
It took me a few months to analyze everything from the numbers to management, but the end result is an opportunity for all of us to make a killing on what could easily end up being the dominant force in enhanced oil recovery for the next 30 years.
To a new way of life and a new generation of wealth...
@JeffSiegel on Twitter
Jeff is the managing editor of Energy and Capital and contributing analyst for the Energy Investor, an independent investment research service focusing primarily on stocks in the oil & gas, modern energy and infrastructure markets. He has been a featured guest on Fox, CNBC, and Bloomberg Asia, and is the author of the best-selling book, Investing in Renewable Energy: Making Money on Green Chip Stocks. For more on Jeff, go to his editor''s page.
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