SubscribeAll Posts Tagged With: "offshore oil"
Presidential Energy Policy
The Energy President
In the world of energy and scarcity, the name of the next president will matter to us quite a bit. “People are policy,†as Ronald Reagan used to say.
But then again, a lot of energy and scarcity facts defy party labels. The energy resources are out there.
They are what they are and where they are. We can exploit the resources or not. But it’s not like in Star Trek. There’s no “dilithium†power source out there to keep the economy running.
So for the next president and his administration, it’s a question of doing something. The U.S. can always…
5Sep2008 | Whiskey and Gunpowder | Comments Off | ContinuedDeep-Sea Mining
Top Profits at the Bottom of the Ocean
This deal is a must-own for your portfolio…
But before I tell you what it is, I want to give you a sense of how big this really is: It’s exactly like being there for the birth of the offshore oil and gas industry.
This industry, born of the 1970s energy crisis, now produces about a third of the world’s oil output. But back in the ‘40s and ‘50s, it was still a frontier…a pipe dream, to many.
Geologists today know of some 115 billion barrels of oil and 633 trillion cubic feet of natural gas reserves…
14Aug2008 | Whiskey and Gunpowder | Comments Off | Continued
Loading ...
