I was lucky enough to score a review copy of Profit from the Peak – The end of oil and the greatest investment event of the century by Brian Hicks and Chris Nelder.
The book can be summarized in a few words: oil has peaked and we are all doomed.
Ok, so maybe that is a little harsh, but that is point the authors are trying to get across. It is not all gloomy. The main concept of the book is teaching readers how they can profit from the peaking of the oil, hence the book title.
What type of alternative energy sources are on the rise and where can you find locally generated energy? Profit from the Peak tries to clue investors in.
The books starts out clearly stating the problem:
Peaking [oil production] will result in dramatically higher oil prices, which will cause protracted economic hardship in the United States and the world.
According to their studies, the United States oil production peaked in the 1970′s. I wasn’t even born yet, and the best had already been behind me? In 2005, the US consumed its one trillionth barrel. With roughly 70% of US oil already consumed, the entire supply should be finished off around 2050. As we drive closer and closer, problems will only get harder and more costly unless we find some sort of solution.
The oil crisis doesn’t just impact us. Many other countries around the world are on decline as well. As less and less countries are able to create substantial production, it will only create a stronger monopoly and more turmoil.
Overall Profit from the Peak tries to make the reader into an energy expert. They first teach the problems, what causes them, and what we can expect in the future if we don’t change. After they have drilled the sense of urgency into us, the authors begin to shows us the solutions; such as the sun, geothermal, and much more.
The recommendations of the authors don’t just come from anywhere. They spent years researching and studying the problem and solutions. There are tons of charts, graphs, and diagrams to back up, so you are not bored with text upon text.
Here is a note from one of the authors about this book.
It is definitely a must read if you finally want to understand what all the commotion is about oil prices and learn how to “profit from the peak.”
Get a Free Copy
Leave a comment and by the end of next week I will select a lucky winner to receive a free copy of Profit from the Peak. Must be part of the contiguous United States.