BALTIMORE, MD -- 04/23/08 --
There is no doubt that oil production will
peak, if it hasn't already, and that all other fossil fuels will peak soon
after. The important questions for investors are: when will it happen, to
what extent, and what can I do to capitalize on it?
According to Brian Hicks and Chris Nelder, the authors of "Profit from the
Peak: The End of Oil and the Greatest Investment Event of the Century
(Wiley; March 2008; $27.95; 978-0-470-12736-0; Cloth)," we are quickly
facing the end of our oil-based economy. Half of the world's known oil
reserves are gone, and with roughly a trillion barrels remaining -- and
consumption up to eighty-six million barrels a day -- the world has about
thirty years of oil left. And that's a best-case scenario.
But every crisis contains the blueprint for its own solution. As
entrepreneurs, inventors, the scientific community, and even Big Oil race
to find the next abundant energy source, the largest potential crisis of
the twenty-first century has also become the greatest investment
opportunity of this century. In fact, the International Energy Agency (IEA)
estimates that at least $20 trillion will have to be invested over the next
twenty-five years to meet surging energy demand.
Divided into three comprehensive parts -- The Crisis in a Barrel, Making
Money from the Fossil Fuels That Are Left, and Energy after Oil -- "Profit
from the Peak" contains the information you need to successfully navigate
this epic event. Investment professional Hicks and energy expert Chris
Nelder take a hard look at the future of oil and gas, discuss how you can
effectively invest in these resources, and detail the potential
profitability of energy alternatives that are poised to power the years
ahead. Along the way, they also explore the potential, as well as the
inherent limitations, of each major energy source and carefully cover the
investing angles of each one.
Filled with in-depth insights and practical advice, "Profit from the Peak"
will help you understand this ever-changing marketplace so that you can
excel in it. Issues addressed include:
-- What is Peak Oil?
-- Which companies are best positioned to take advantage of this event?
-- What does the future hold for all fossil fuels?
-- What investment opportunities are available in the solar, nuclear,
geothermal, and biofuel sectors?
-- How can we adjust our infrastructure to accommodate various
alternative energy options?
But "Profit from the Peak" is more than just a guide to capitalizing on a
potential energy crisis. By asking how this situation could affect you as
both an investor and an individual, it offers a sobering assessment of
where we are and what it will take to find a way forward amid the coming
changes.
ABOUT THE AUTHORS
Chris Nelder is a self-taught energy expert and solar designer who has
intensively studied peak oil for years and written hundreds of articles on
peak oil and energy in general. He also founded and published an online
magazine called Better World in the mid '90s, as part of his lifelong
interest in fostering environmental and social responsibility. Nelder is a
frequent contributor to Energy and Capital, among other publications, and
is an active investor in energy.
Brian Hicks worked for Agora Publishing, one of the largest financial
newsletter publishers in the world, for ten years before helping to found
Angel Publishing, an investment firm
that researches profit opportunities in megatrends in the markets. In
addition to being the Managing Editor of Energy and Capital and The $20
Trillion Report, Hicks writes a weekly column for Wealth Daily concerning
high-profit opportunities in the ever-tumultuous geopolitical environment.
"Profit from the Peak"
By Brian Hicks and Chris Nelder
Wiley; March 2008; $27.95
978-0-470-12736-0
About Wiley
Founded in 1807, John Wiley & Sons, Inc. has been a valued source of
information and understanding for 200 years, helping people around the
world meet their needs and fulfill their aspirations. Wiley's core business
include scientific, technical, and medical journals; encyclopedias, books,
and online products and services; professional and consumer books and
subscription services; and educational materials for undergraduate and
graduate students and lifelong learners. Wiley's global headquarters are
located in Hoboken, New Jersey with operations in the U.S., Europe, Asia,
Canada, and Australia. www.wiley.com
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