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Oil The Black Gold
Sunday, April 19, 2009
BLACK GOLD
THE NEW FRONTIER
IN OIL FOR INVESTORS
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2009
(33)
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April
(33)
reserves are now declining about 4 to 6 percent a ...
current high oil prices, the debate has intensifie...
U.S. oil supply was about to peak. Soon, U.S. petr...
pretty much acknowledge the fact that we may be on...
will increase drastically and major oil-consuming ...
as better technology reduces the cost of producing...
newable energy. As the cost of conventional fuels ...
surge in alternative fuels. Further, the Hubbert C...
To illustrate this point, you simply need to exami...
No title
sumption quite dramatically. In addition, that gue...
everywhere, including the comedian Bill Maher, who...
vestments have been a profitable component for any...
be catastrophic. “In my opinion, unfortunately, th...
production positions. More recently, Kenneth S. De...
was right, for his prediction was confirmed in 197...
to align themselves with the oil industry—no surpr...
projects over the next several years both in produ...
rise. For an answer, they should look no further t...
CHAPTER 1The End of an Era?“I once set up a debate...
now, because we have many years ahead of us to enj...
executive shows that the executive trusts the repo...
cheaper to produce than oil in the Gulf of Mexico....
they are hurting most of us nonetheless, and we ha...
Chances are you’ll see China or the Philippines wr...
Power plants that supply our electricity are run b...
tion of Petroleum Exporting Countries (OPEC), whic...
decline after 30 years of production, while Nigeri...
amount of oil we’ll have to depend on is that whic...
deed that we personally are needed. . . . To all m...
and natural gas have also been burned to produce e...
Introduction“THE WEALTH OF NATIONS” . . . AND OURS...
BLACK GOLDTHE NEW FRONTIERIN OIL FOR INVESTORS
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