The Bomb Aimed at Saudi Oil Fields

---------- Forwarded message ----------
From: Energy and Capital <eac-eletter@angelnexus.com>
Date: Tue, Sep 11, 2012 at 11:25 PM
Subject: The Bomb Aimed at Saudi Oil Fields

Forward to a Friend Having trouble viewing this issue? Click here. Refer a Friend to Energy and Capital.

The Bomb Aimed at Saudi Oil Fields By Keith Kohl | Tuesday, September 11th, 2012 There's a crisis on the horizon. For some, it's too much doom and gloom to have with their morning coffee. Others either don't see it coming or are in denial. Quite frankly, we don't see how anyone doesn't see this looming crisis...  The problem stems from a crucial event in the United States over forty years ago in 1970  — the year we became a net importer of oil. It wasn't due to some evil conspiracy by Big Oil, and it certainly wasn't a fluke. Simply put, our crude oil production topped out at slightly over ten million barrels per day back in November 1970. Eventually, all oil exporters will have to come to grips with this problem — and it'll come with a severe penalty for some. Advertisement Have You Heard of "Black Solar"? A tiny $1.00 tech firm in Upstate New York just did the impossible... They unlocked the secret to harnessing solar energy by doubling the power output and cutting the cost in half. This technology is so efficient and affordable, electric companies are already shaking in their boots. Before the first big ticket contract comes, doubling the share price, click here to see why it's all the rage.  We've talked before about how this crisis is affecting Mexico. Ever since the Cantarell oil field peaked, the world has been watching the clock for panic to strike. As you know, roughly 40% of the government's budget is dependent on oil revenues. And Mexico's not the only country relying heavily on oil and gas for revenue... Russia, the largest oil and gas producer in the world, depends on these exports for 50% of their budget. And in both Iran and Venezuela, fossil fuel exports account for about 60%. But as Brianna Panzica pointed out this past weekend, there's one country these others don't hold a candle to... Dropping a Bomb on Saudi Oil Fields The problem has never been that the Saudis are running out of oil. We all know they have enough crude in the ground to last a good long while: But the rising domestic consumption for top OPEC producers is throwing a wrench in the works... Imagine the outrage from the Saudi populace when they have to pay more than a buck per gallon. There'll be riots on the streets of Riyadh. Now, I don't think the Saudis take cheap oil for granted. In fact I would bet they're more concerned about it than anyone else on the planet. And considering how closely-guarded OPEC data is today, I doubt the outside world will ever know the truth about their oil fields. Advertisement America's Biggest Oil Discovery 152 million barrels of light, sweet crude were pumped out of this North Dakota oil field in 2011. This year, it could be 190 million barrels. It's no wonder that profits are surging for the companies that pump this oil... One $8 company will grow profits by 500% this year. And its stock price is likely to double. Click here to learn more. That said, the Saudis will try anything to curb their own demand, something they've had great success with thus far. The Saudis' increasing consumption is leading them down the familiar road of alternative energy. Saudi Arabia plans to have up to 16 reactors operating within the next fifteen years, adding 17,000 MWe of power generation to the mix. With an average cost of $7 billion per reactor, Saudi Arabia's nuclear dream comes with a price tag over $100 billion. According to the numbers at the World Nuclear Association, there are only three other countries in the world with more proposed nuclear reactors: Russia, India, and China. The Saudis are also hoping to tack on an additional 25,000 MWe from wind. But it's their solar ambitions that investors can really take advantage of over the next decade... The Saudis plan to invest $109 billion in solar electricity during the next twenty years, adding 41,000 MW of solar capacity. Twenty years from now, having access to cheap energy will be a luxury few countries will boast. And that's why the real value here will come from technology that can dramatically cut costs. Why is this so valuable to the Saudis? If successful, their $109 billion solar investment will free up half a million barrels of oil per day for export. That's enough to have the Saudis clamoring for more solar — and willing to pay anything for better technology. That's why we're keeping this company on our radar. It's developing a new solar technology that can double output and slash costs in half. You'll want to invest in this game-changer while the stock is still trading for under a buck. Until next time, Keith Kohl @KeithKohl1 on Twitter A true insider in the energy markets, Keith is one of few financial reporters to have visited the Alberta oil sands. His research has helped thousands of investors capitalize from the rapidly changing face of energy. Keith connects with hundreds of thousands of readers as the Managing Editor of Energy & Capital as well as Investment Director of Angel Publishing's Energy Investor. For years, Keith has been providing in-depth coverage of the Bakken, the Haynesville Shale, and the Marcellus natural gas formations — all ahead of the mainstream media. For more on Keith, 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 Thorium Investments When OPEC Fails... Drilling the Bakken Formation Peak Oil Isn't Real Recently... Energy and Capital's Weekend Edition End of the Cheap Barrel THIS Could Set Off World War III Taking Sides Is Costing You Money Is OPEC Counting Their Barrels Too Soon?

This email was sent to jorgeus.george@gmail.com . You can manage your subscription and get our privacy policy here. Energy and Capital, Copyright © 2012, Angel Publishing LLC, 1012 Morton St, Baltimore, MD 21201. All rights reserved. No statement or expression of opinion, or any other matter herein, directly or indirectly, is an offer or the solicitation of an offer to buy or sell the securities or financial instruments mentioned. While we believe the sources of information to be reliable, we in no way represent or guarantee the accuracy of the statements made herein. Energy and Capital does not provide individual investment counseling, act as an investment advisor, or individually advocate the purchase or sale of any security or investment. Neither the publisher nor the editors are registered investment advisors. Subscribers should not view this publication as offering personalized legal or investment counseling. Investments recommended in this publication should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company in question. Unauthorized reproduction of this newsletter or its contents by Xerography, facsimile, or any other means is illegal and punishable by law. Please note: It is not our intention to send email to anyone who doesn't want it. If you're not sure why you're getting this e-letter, or no longer wish to receive it, get more info here, including our privacy policy and information on how to manage your subscription.

--
Jorgeus George

www.jorgeusbiker.blogspot.com

www.jorgeusbiker-edcorner.blogspot.com

www.twitter.com/jorgeusbiker

www.facebook.com/jorgeusbiker