![]() Simply sign up to receive the FREE Energy and Capital e-Letter to get our latest report, "Peak Oil is Past Tense"... absolutely FREE: The Era of Cheap Oil Is Over February 4th, 2012 You may not even know what Peak Oil is. So let's start there. Peak Oil is the point where maximum oil production is reached... and then enters permanent decline. Just think about a gallon of milk. Once you've consumed half the jug, it then enters terminal decline. But unlike milk, when oil runs out, you can't just run to the corner store and pick up more... Oil is a finite resource. When it's gone, it's gone. Most scientists and industry experts believe we're approaching the peak right now. That is, the world has consumed half its jug of oil, and only half remains.
That's one of the reasons oil and gas prices have been climbing for years. And while governments and oil companies have tried to keep this a secret for some time, their inability to produce more oil means a harsh reality is finally starting to sink in... Exxon admitted Peak Oil is a problem when its official spokesman said: “All the easy oil and gas in the world has pretty much been found. Now comes the harder work in finding and producing oil from more challenging environments and work areas.” Even Shell's former chairman has acknowledged a peak: “It is pretty clear that there is not much chance of finding any significant quantity of new, cheap oil. Any new or unconventional oil is going to be expensive.” The International Energy Agency even claimed crude oil output peaked in 2006. But there's an upside for those who invest accordingly. That's why I've written this new report, "Peak Oil is Past Tense." Inside, you'll learn about the true state of the oil market, the lies used to cover it up, and how you can profit as oil climbs to $100 and beyond. To receive this free report, including real oil reserve numbers and which stocks will benefit, simply sign up for the free Energy and Capital e-Letter below.
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