OPEC must be Finished, Kaput!

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From: Energy and Capital <eac-eletter@angelnexus.com>
Date: Mon, Aug 13, 2012 at 9:32 PM
Subject: OPEC is Finished, Kaput!

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OPEC is Finished, Kaput! By Jeff Siegel | Monday, August 13th, 2012 $11.2 billion. That was the U.S. monthly deficit to OPEC in May, 2012. That's one month! $1.9 trillion. This is what oil price shocks and price manipulation by OPEC cost us from 2004 to 2008. $453.6 billion. That's what we spent last year on petroleum imports. Yeah, this pisses me off, too. Although the good news is that imports have actually been falling, thanks to both an increase in domestic production and a decrease in consumption. The bad news, however, is that we're still importing more than a billion barrels from countries that are hostile towards U.S. interests. Advertisement Remember this Guy? Oil Money Funded His Attack on the United States Never Again! This company can help triple domestic oil production and help us kick OPEC to the curb for good! - click here -  Nothing Good Can From This "I've never seen that before." That's what a random stranger said to me while pointing to my Ron Paul bumper sticker. "A Ron Paul sticker on a Prius? That's hilarious!" I'm not sure what was so hilarious about it. After all, both seek to enable freedom and prosperity. I'll tell you something else, too. When it's time for me to get another car, you can be certain it's going to be electric. Because let's be honest here – we are not free, nor can we truly be prosperous if we continue to be led around by the whims of foreign oil suppliers. Especially those in the Middle East who fund terrorist attacks with the money we reluctantly hand over every time we pull up to a pump. Nope, I'm done with it. And I can't wait to power my next car with American-made electrons. Of course, our second car will remain a conventional hybrid as it'll be at least another eight to ten years before we can get our hands on an electric car that can deliver enough range for those 10-hour road trips to Lake Champlain. But at least I can take solace knowing that with an average fuel economy of 50 mpg, we'll be less reliant on petroleum than most gas-guzzlers. Still, it is increasingly frustrating to read about OPEC production manipulations and secret oil meetings between Iran and Venezuela. Anytime those two get in a room, nothing good can come from it. But that's not something we can control. What we can control, however, is how long we continue to allow this nation to be screwed by OPEC. The OPEC Gravy Train I apologize if I'm coming off a bit hostile today. But quite frankly, I'm done with this nonsense. Between the integration of electric vehicles, natural gas-powered trucks and buses, and domestic oil production... we can absolutely cut OPEC off from its most loyal customer. Hell, just two weeks ago we got the results of an independent review of a new kind of enhanced oil recovery system that's now being tested in Canada. Those results indicate this technology could actually triple domestic oil production – and do so without breaking the bank. Advertisement Profit from the Greatest Markup in History Over the next ten years, up to 500 trillion cubic feet of natural gas will flow from Canadian shores to an energy-starved China for a record profit. The deal — agreed to in November — hands one small group of companies (and smart shareholders) payments four times larger than what any domestic energy company could ever get away with charging. The full story — and details about how you could take advantage of it today — are all right here in your free report. And as I've written before, transitioning our truck and bus fleets from diesel to natural gas would allow us to displace 42% of what we currently import from OPEC nations. Not to mention make a few bucks from a few select natural gas plays that are making a fortune. Then there's the move to raise fuel economy standards to 54.5 mpg by 2025 (which is absolutely doable according to nearly every major automaker on the planet). This can allow us to displace 1.7 million barrels per day. And the increase in public transportation planning and development is expected to cut vehicle miles traveled 30% by 2025. That will also result in the displacement of more than a million barrels per day. If we combine the utilization of the latest oil recovery technology, the transition to natural gas-powered trucks and buses, and the increase in fuel economy standards, we can put a stop to OPEC's gravy train once and for all. Of course, I must admit, my motivations aren't solely dictated by the patriotic act of cutting off OPEC. They're also dictated by the opportunity to make a boatload of cash. But then again, profiting from the demise of OPEC seems pretty patriotic, too. To a new way of life and a new generation of wealth... Jeff Siegel @JeffSiegel on Twitter Jeff is the co-founder and managing editor of Green Chip Stocks, an independent investment research service focusing primarily on alternative energy and organic & natural food markets. He has been a featured guest on Fox, CNBC, and Bloomberg Asia, and is the author of the best-selling book, Investing in Renewable Energy: Making Money on Green Chip Stocks. For more on Jeff, go to his editor's page. I liked this article | I did not like this article Follow Energy and Capital on The Bottom Line Related Articles Enhanced Oil Recovery Investing Energy Technology Investing Oil Recovery Opportunities Recently... Second Chance for Oil Crushed by Obama's Solar Legacy Industry to Double by 2015 Water, Water, No Where You Could Be Arrested for Doing THIS

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