 Simply sign up to receive the FREE Energy and Capital daily e-letter to get our latest report, The End of Oil, absolutely FREE: What $100-a-Barrel Oil Means to the World The Ongoing Conflict To Gain Control of the Earth's Remaining Oil Reserves... and Why Big Oil Is Frantically Buying Back Its Own Stock May 17th, 2008 The news rattled markets... and prompted a sell-off in the Dow of more than 200 points. Those of you who have been reading our commentaries for the last 5 years knew this day would eventually come. And you've been preparing your portfolios to profit from rising energy prices. But I have even bigger news. Recently, Chris Nelder, who co-authored my book, Profit from the Peak, sent me the January 2008 issue of the Association for the Study of Peak Oil and Gas newsletter. He specifically told me to read thoroughly item #899: Major Oil Companies Pass Peak. Here's an excerpt: "It is obvious that the peak of oil production will not be evident until some years after it has happened, but data published by Matt Simmons suggests that the major companies (ExxonMobil, Shell, BP, Total, Repsol, ENI and Conoco-Phillips) may have peaked already. Their combined production in January 1997 was 12.4 Mb/d and rose to a maximum 13.8 Mb/d in January 2004, before falling to 12.6 Mb/d in January 2007. It is naturally not a smooth curve, but if this year's results confirm the downward trend, it may signify that they are past peak. They are now selling off minor refineries and marketing chains, evidently recognizing that they will have downstream over-capacity as supply constraints bite in earnest. They are also buying their own stock to artificially support the stock market. As their situation continues to change, we may look forward to the day when an enlightened Chief Executive abandons words of the false optimism promising eternal growth but offers his shareholders a well managed, intelligent and highly profitable contraction towards the day their company finally closes its doors in the not too distant future." 
Energy and Capital Editor Brian Hicks, featured guest on Your World With Neil Cavuto
We recently published a report on this very situation. In fact, Exxon is buying back so much of its stock, it's on course to "disappear" from the public markets by 2024! However, this emerging crisis has created a once-and-a-lifetime investment opportunity. As Big Oil fades away, other oil and gas companies will emerge as the next powerhouses. Our favorite new oil company has paid out $24,400 on every $10,000 invested in the year 2007. We think it'll do it again in 2008… and again in 2009. The free report we've prepared shows you how to take advantage of it. You'll learn the 4 best ways to make a killing as Big Oil rides off into the sunset. _____________________ After getting The End of Oil, you'll begin receiving the Energy and Capital e-Letter, delivered to your inbox five times a week. In each issue, you'll discover the foresight and vision to exploit the investment strategies in a world beyond oil.  Learn how to get your free copy of the new book, Profit from the Peak (featured on CNBC and Fox News), after signing up for the Energy & Capital e-Letter.Here are some recent Energy and Capital issues our readers picked as their favorites:
Today, energy is at a crossroads. Like a lit fuse, a catastrophe of immeasurable proportions is looming. And while the energy crisis is beginning to make its way into the news media limelight, few are aware of the true scope and magnitude of this crisis. Become an Energy and Capital member today. It's free, and there's absolutely no obligation, ever. And don't forget to get rich this time! _____________________
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