The Oil Factor: Protect Yourself and Profit from the Coming Energy Crisis

Book Description

Financial guru Stephen Leeb shows how following oil prices can lead investors to real financial security. A storm is coming-an inflationary 'perfect storm' whipped up by skyrocketing oil prices that will lay waste to millions of portfolios if investors don't prepare.Renowned financial advisor Stephen Leeb asserts that in this perilous period, oil prices will drive all other economic indicators. But there is a way to diversify away from disaster, by dedicating a significant part of one's portfolio to real assets that keep their value relative to inflation. Here, Leeb helps readers pick the 'energy-producer star performers,' and reveals the 'double payoff' to investing in metals like platinum and silver. He also explains why the stocks of 'mega-insurers' are a safe bet, and shows how investing in real estate does not have to mean actually owning it. Filled with sound advice for an unstable marketplace, this is the book no one with a 401K can afford to miss.

Download Description

Financial guru Stephen Leeb sees a storm coming—an inflationary "perfect storm" that will lay waste to millions of portfolios if investors don't prepare ahead of time. In this perilous period, it will be essential to pay attention to the price of oil, because as prices fluctuate, so, too, will the economy. As Foreign Affairs recently pointed out, to support the world's population, oil production must rise in the next 20 years from 75 million barrels a day to 125 million—a 66% increase! And yet all over the world—from the North Sea to Mexico to Venezuela—come reports of production capacity maxing out.
Even an American victory in Iraq could only mean a 1% rise in capacity in the short term. Result: pressure to raise output will mean higher production costs, which will mean vastly more expensive oil. Higher energy costs mean depressed growth for most companies (the exception being energy producers) and rising prices undermine the value of bonds. But there is a way to diversify away from disaster: by dedicating a significant part of one's portfolio to real assets that keep their value relative to inflation.
Here, Stephen Leeb will help readers pick the "energy-producer star performers," reveal the "double payoff" to investing in metals like platinum and silver, explain why the stocks of "mega-insurers" are a safe bet, and show how investing in real estate does not have to mean actually owning it.

Customer Reviews:

Good advice and a powerful message.......2007-09-12

The book offers good investment and economics advice. It is well documented and researched. A little bit redundant at the beginning but once it gets to the point it is quite straightforward. Overall, good reading material and advice.

ps: I never noticed the author had an investment fund until I read it in one of the reviews below.

Good book.......2007-02-23

Good book on investing using oil costs as a guide.
A little pessimistic about the future, yet certainly plausible and possible.

Powerful & Vital.......2006-08-17

Having read numerous books on Peak Oil, I can honestly say that this one is unique.

The authors have a very simple and engaging writing style. They explain in concise terms the concept of Peak Oil, and how this will affect the global economy and stock markets.

The book is filled with invaluable advice and great ideas on where to hold your investments in the times ahead.

Peak Oil will bring dramatic changes to our world, but this book creates a positive vision - one that shines through the usual doom and gloom scenarios that are painted by other Peak Oil authors.

Essential reading.

Bubble, Bubble, Who's in Trouble?.......2006-05-21

Calling this book an eye opener will be a major understatement. It provides some of the fascinating analysis on the upcoming Oil crisis and its affect on everything ... right from your pocketbook to the world economy. Based on its analysis, it speculates on some of the repercussions on personal behaviour, defense and drive towards alternative energies. Additionally it suggests some interesting ideas that can help us protect & grow our portfolio as an Investor.

Some key takeaways ...

* Oil is going to hit $100+ a per barrel in the near future.
* Obviously Oil related companies are going to benefit.
* Automotive companies that make fuel efficient cars will benefit. (my extension ... companies making bigger and bulkier hulks will march towards extinction.)
* Alternative energy seeking companies will benefit.
* Interestingly key defense related companies might benefit.

The authors have put their ideas in a nice and lucid manner. The book progresses from analysis to possible strategies to counter Oil crisis using their Oil Indicator. (One personal recommendation... start the book from last chapter and progress towards the 1st chapter in reverse. You will better understand and appreciate what the authors are recommending and why they are recommending). The chapters have been written in perfect bite sizes. I liked the summary of the chapter in the key points format.

Although this book was written in 2003, I see most of the predictions coming true. Oil has already touched $75+ and regressed a little bit. For individual consumers, $4 per gallon of gas is not far away.(I remember paying $1 something just some years back. Currently it stands at $3 something ... whopping 200% increase.)

-Sachin

The Fear Factor - Beware of this book........2006-03-27

I read this book with great excitement. Not only does Leeb predict a great tumoil for the world but he tells you how to get fabulously rich off it. After finishing this and doing my homework, I have developed some doubts.

This book is divided into two sections. 1) The world is running out of oil which will cause inflation and finally deflation. 2) This is how you can profit if this happens.

While it is true that we will eventually run out of oil, nobody really knows when. The people who have the best data, the best access and the best training to study this issue , the US Geological survey, the oil companies and the Saudi petroleum engineers put this date at about 2040. The Peak Oil cult that has developed assumes that this is wrong and that we will really run out of oil in 200X where X is usually 5 or 7 or so but this moves back every year that it doesn't happen. This Peak Oil movement is incredibly persistant and has lots of websites to convince you that they are right. However, they probably aren't. Notice that they are never actually petroleum engineers or scientists. Many are just people who have made a career out of this idea. Some are people like goldbugs who will profit from people buying into this idea. If they are scientists they are fringe or scientists who have no respect in their fields. Leeb for example runs an investment fund. He is no position to tell you how much oil we have left. Neither are these people who write books on this. They just don't have data so they assume the worst and sell books. While some of these people in the PO movement are more moderate and have good intentions, many are fascists, leftists and people who just plain hate capitalism and hate America and want it to be destroyed. See this blog for more info
http://peakoildebunked.blogspot.com/

On to part 2. One thing that has happened is that oil prices have gone up. The reason why probably has nothing to do with Peak Oil. It is probably due to the Chinese and Indian economies growing faster than economists in the oil industry estimated and so we have run low on short term reserves. Also Katrina and some other supply problems. However the good part of this book is that it correctly forcasted what would happen if oil prices rise. Leeb was bang on with just about all of his predictions. If you invested the way he told you too you could have doubled your money in the last two years or possibly even more. Oil company stock is up, gold is up, oil service companies are up. Other stocks are down. Three cheers for Leeb. Fortunately for him, he got lucky. Oil prices may now go back down and so will these gains.

What you should take out of this book is what you should do if you think oil prices will rise. You should NOT decide that oil prices will rise based on info in this book. That would be making an outright speculation on future oil prices. There are billions of dollars worldwide invested in trying to guess which way oil prices will go. There are billions of investor dollars riding on this. This is not something that people ignore. If it was so obvious that oil prices will rise, then oil futures would already be this high. You cannot expect to read some book and get a better insight into this than the people who spend full time analyzing these issues for their billionaire investment clientel.

Is Leeb an unbiased source on this? NO. He runs a mutal fund which invests in the oil companies that he describes in his book. He wants people to buy these stocks so that his fund will prosper. Pretty simple. Fear sells. In addition you should notice how high the fees are to join this fund. They have complicated scheme where you have to pay like 20% of your earnings if you make a profit. Sounds like they are making a gamble on a speculation. If oil prices go up, they make a fortune on fees. If oil prices go down, they lose nothing. Not so for the people who buy into this. I wonder if Leeb is investing his own personal money in this fund? I doubt it. I would suggest diversifying outside of energy stocks as well as owning some of them. You can't afford to risk your whole savings on this speculative idea.

One last point. One might ask why aren't the oil companies, the Saudis and the petroleum industry professionals coming out and debating these Peak Oil people? If Peak Oil is bogus, why doesn't ExxonMobile have a webpage giving all of the reasons why it is all bogus. Doesn't that prove that they have no agument?

You might have guesed the answer. They love Peak Oil. The fears of an oil shortage drives up the price of oil and therefore their company profits. Why would they go out of their way to calm people's fears when it just would reduce their profits. People in the indurstry think that fears of an oil shortage add about 20% to the price of oil. The Saudis as well as Chavez take every opprotunity to spook the public about oil shutdowns. It just brings in more money. They often call this the fear factor which might be a better title to this book.

In conclusion. Oil prices might go up so you should own some of these companies. Buying gold is a pure speculation. Maybe a good idea but don't overdo it. Gold just keeps up with inflation in the long run. It is only an inflation hedge. Many of the companies Leeb recommends are just standard S&P 500 companies. ExxonMobile, GE, Toyota etc and can't be bad to own anyway. Others such as Devon Energy , Suncore Energy, Schlumberger MAY now be wildly overpriced. Hard to say. They are very leveraged to the price of oil and so may go down by a lots. Playing it safe is probably a wiser tactic. Berkshire Hathaway is of course a great company and always will be. Whether or not it is now fairly priced in beyond my knowledge. One might want to consider other stocks that do well if a recession happens like cigarette companies. People will always smoke. Also pay more attention to the housing bubble. That is probably a bigger threat right now than an oil shock.

Iran: The Coming Crisis: Radical Islam, Oil, and the Nuclear Threat

Average customer rating:

Worth reading!
excellenet information
Informative, yet lacking.
Comment on Iran: The Coming Crisis
Unreason, or faith, is the threat.

Iran: The Coming Crisis: Radical Islam, Oil, and the Nuclear Threat
Mark Hitchcock
Manufacturer: Multnomah
ProductGroup: Book
Binding: Paperback

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Similar Items:

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ASIN: 159052764X
Release Date: 2006-07-03

Book Description

The Past, Present, and Future—Exposed

The events wracking the Middle East today are confusing to even the most avid news buff. Now all the answers to your questions are offered in just one resource. Divided into five main sections, Iran: The Coming Crisis contains the most up-to-date, thorough information available and is complete with maps, charts, and timelines for visual assistance. Iran’s past, present, and future are exposed—the country’s quest for nuclear weapons and support of Palestinian terror groups, its ability to “play the oil card,” and Iranian president Mahmoud Ahmadinejad’s apocalyptic beliefs that motivate his actions. You’ll discover the truth about today’s events, how they relate to Bible prophecy, and what the Bible clearly describes is yet to come. It’s a crisis unlike any the world has ever faced.

Are We Headed for a Nuclear Jihad?

“ Israel must be wiped off the map,” Iran president Mahmoud Ahmadinejad said it himself. He has denied the Holocaust, and his actions are motivated by a dangerous apocalyptic view of Islam. Meanwhile, Islamic extremists are in hot pursuit of nuclear weapons as they stand as gatekeepers to the Persian Gulf oil flow. Closer to home, President Bush has stated that the greatest threat to America is nuclear terrorism.

In a prophecy written over 2,500 years ago, Ezekiel 38-39 foretells Iran ’s future. Iran , Russia , and other Islamic nations will invade Israel in the end times. Today, the connection between Iran and Russia only grows. How close is this invasion?

What will happen?

Will America survive?

Will the world?

Mark Hitchcock , an expert in Bible prophecy, exposes Iran ’s past, present, and future with striking clarity. Find maps, charts, and answers to your every question inside.

“I highly recommend Mark as a faithful guide to understanding current events in light of God’s wonderful plan of prophecy.”

Tim LaHaye

Pastor and bestselling author

Story Behind the Book

There seems to be no turning back from the looming crisis in the Middle East. The Islamic and political rulers of Iran are set in their ideology by principle. The West and Israel are headed for some sort of confrontation economically, socially, and likely militarily. Mark Hitchcock ’s background as a lawyer, pastor, and expert in Bible prophecy suits him perfectly as a Christian authority on the subject. Timing is critical, and his new book will release as more and more everyday people—Christians and non-Christians alike—realize the gravity of world events and question how they relate to Bible prophecy.

Customer Reviews:

Worth reading!.......2007-09-01

A very good read, and very informative. I am also planning to read his followup book. I recommend this book.

excellenet information.......2007-07-25

this book is so informative and easy to understanding covering all terror threats and concerns of today and how it will affect the end times. so glad I bought it
would suggest to any one interested the world view today and in the future

Informative, yet lacking........2007-06-04

With the onslaught of materiel being poured out on the subject of Iran and its supposed role in Bible prophecy, it would be a challenging task for anyone to write anything fresh and original on the subject. Nevertheless, Mark Hitchcock has thrown his hat into the ring. This may not be the most sensational books on the subject, but it is one of the fairer treatments that you will see.

There are several things about this book that are good. First, Mark writes with a reader friendly, teaching style instead of the loud preachy style of someone like John Hagee. Two, his historical information about Persia and Babylon was presented in a memorable way. Third, the information on Iran was fair, informative, and quite possibly right as regards to their being a nuclear threat. Fourth, he at least makes an effort to deal with objections to his view of Ezekiel 38-39 and does not just assume that everyone is on board with him. I do think, however, that he is wrong when he says the "vast majority" of scholars see Ezekiel 38-39 as having a future literal fulfillment in the sense that they see Russia, Iran, etc, coming down to attack the modern day nation of Israel. In fact, I think the only safe thing to say there is that the vast majority of dispensational scholars see it as fulfilled in this manner. For a past fulfillment, he seems to indicate that only preterists take a past fulfillment view of this passage, but that is far from accurate. One does not have to be a preterist, to believe that Ezekiel 38-39 has been fulfilled or all of the OT for that matter.
Hitchcock does, in a footnote, deal with Gary DeMar's view that the Ezekiel passage was fulfilled in what happened in Esther, but he was a little too quick to dismiss some of the very good verbal parallels that were made by DeMar. The good thing is that Hitchcock did list what he calls the inconsistencies between Esther and Ezekiel.

Another problem, I find with Mark's handeling of Ezekiel 38-39 is that he fails to address that when Ezekiel writes this that the very first Temple (built by Solomon) was still standing. There was still another Temple to be built in 516 BC and then attacked and shut down by the Syrian's, and later remodeled by Herod, and then destoryed in 70 AD by the Romans.

Let us grant, however, that Ezekiel 38-39 is yet future. Mark's placement of the battle of Gog and MaGog after the rapture is simply guess work. He fails to deal with the fact that Revelation places a battle of Gog and Magog after the 1000 year reign (Revelation 20:8). It is rather odd that he at least attempts to deal with many of the other problems of the Ezekiel passage, but does not deal with its placement in Revelation.

Mark assumes a dispensational position throughout the book without defending that position as valid. He puts his hat on the rack of what is currently popular in pop theology. I am certain, however, that Mark does in other books defend this position, but he assumes it in this book.

Let me now state what I view to be the biggest problem with the book. Mark does not deal with the calling or role of the Church at all. He does have a call for his readers to get saved at the end, but even informs the new believers to find a local church, but he in no way defines what the voice and position of the Church should be on the complex conditions that are currently facing the Middle East. Several times he unashameably says that the Church is "whisked away" in the rapture to be with the Lord. Now I know that Mark would likely say that the Church should be telling people to repent and get ready for the rapture, because of the conditions in the Middle East, but what about the Church's voice concerning justice, mercy and peace in the Middle East? He is so sure of the rapture (this he will take as a compliment I am sure) that he does not see the Church as having any real role, other than to wait to be "whisked away." The problem I have with, not just Mark, but most of the dispensationalists preachers that I hear is that they are ready to abandon God's creation, rush off to Heaven and let Hell break lose for seven years. The problem with this view is what if thirty years from now, the rapture has not taken place and many are dead in the Middle East and in the world because of this crises, what should the Church be saying or doing? Mark seems to be writing as an American preacher and not taking seriously his calling to be a preacher is God's universal Church. In my opinion, he makes the mistake of seeing the West and especially the USA as Christian and the rest of the world, well, not so much. He talks in a supportive way about Israel and the USA taking out Iran's nuclear facilities and stopping them, but that is the role of militaries and government, but what about the role and voice of the Church of the Lord Jesus Christ. Should we not be groaning and crying out at the place of the World's pain and praying for peace and working toward it? Look back at the various crises throughout history. Look at the Holocaust, Rwanda, or South African Apartheid. What should the Church's role have been in these situations? We need to be asking the same questions today about the Middle East. It may be that the rapture takes place 200 years from now or even 2000 years from now and we cannot just sit around and waith to get "whisked away." There is power for salvation and deliverance in the gospel of Jesus Christ, not just for individual privatized salvation, but for the world. A new creation has been unleashed in the resurrection of Jesus from the dead and the Church needs to live and speak in light of this power and not just wait to be taken out and escape. Mark could add a great deal of depth to his perspective if he would consider these things.

There is much more I could say about this book, but I will close on a positive note and that is that Mark Hitchcock has written an informative and sencere book that rightly states that their is a real crises with Iran and nuclear weapons. Let us all pray for the coming of the Lord and look for it, but let us be praying for peace in the Middle East and let us work toward it. It may be that the Lord hears and heals.

Comment on Iran: The Coming Crisis.......2007-01-16

The book was interesting to some extent, but it did not hold my attention the way I hoped it would. After reading a little way into it, I skimmed through the rest of the book. Perhaps I was just being a little picky, though. Others may have a different opinion entirely.

Unreason, or faith, is the threat........2006-10-18

When I started reading "Iran, the coming crisis", I thought I was going to read an informative, current affairs book on the crisis with Iran.
Mark Hitchock is blind sided by his belief that the Bible holds the Thruth. His story of the second coming,and the rapture being "an event that,from our human perspective,could occur at any moment" acctually made me laugh.We are even provided with God's Blueprint for the End of Times (with a time line!) But, this is serious matter. Mr Hitchock's book is a sad case of unreasonable,almost fanatical thinking.He has written a staggering Christian lunacy.
The problems we are facing in the Middle East are too serious . American should get informed. This book belongs in the trash bin.
Pascale Luse.

Eating Fossil Fuels: Oil, Food And the Coming Crisis in Agriculture

Average customer rating:

Great coverage of the issues of agriculture and oil
This is an important book.
worldwide famine or sustainability?
The Wane Of Industrial Agriculture?
good concise review of the coming crisis in agriculture

Eating Fossil Fuels: Oil, Food And the Coming Crisis in Agriculture
Dale Allen Pfeiffer
Manufacturer: New Society Publishers
ProductGroup: Book
Binding: Paperback

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ASIN: 0865715653

Book Description

The miracle of the Green Revolution was made possible by cheap fossil fuels to supply crops with artificial fertilizer, pesticides, and irrigation. Estimates of the net energy balance of agriculture in the US show that ten calories of hydrocarbon energy are required to produce one calorie of food. Such an imbalance cannot continue in a world of diminishing hydrocarbon resources.

Eating Fossil Fuels examines the interlinked crises of energy and agriculture and highlights some startling findings:

The world-wide expansion of agriculture has appropriated fully 40% of the photosynthetic capability of this planet.
The Green Revolution provided abundant food sources for many, resulting in a population explosion well in excess of the planet's carrying capacity.
Studies suggest that without fossil fuel based agriculture, the US could only sustain about two thirds of its present population. For the planet as a whole, the sustainable number is estimated to be about two billion.

Concluding that the effect of energy depletion will be disastrous without a transition to a sustainable, relocalized agriculture, the book draws on the experiences of North Korea and Cuba to demonstrate stories of failure and success in the transition to non-hydrocarbon-based agriculture. It urges strong grassroots activism for sustainable, localized agriculture and a natural shrinking of the world's population.

Customer Reviews:

Great coverage of the issues of agriculture and oil.......2007-09-18

This book covers the coming problems in agriculture due to a shortage of oil and thus fertilizers and pesticides. But it covers more about what to do and how to cope with the return to locally grown foods. Highly recommended.

This is an important book........2007-09-09

This book is a must read for everyone. It carries an important and sonewhat frightening message.

worldwide famine or sustainability?.......2007-08-15

This is one of the best books I've read in the last several years on the theme of peak oil. It's an easy read, a fast read, and meticulously researched. What this jaded reader found most informative and startling were the descriptions of the recent agricultural breakdown of North Korea and Cuba after they lost access to Soviet and Chinese oil. North K's situation was horrific and remains so (3-6 million dead from famine, and just today I read about more severe flooding there, taking out all their infrastructure, this flooding exacerbated by their lack of oil since they have to cut down their forests for fuel, a desperate tactic grimly outlined in Eating Fossil Fuel). In contrast, Cuba's is a story of hope, ingenuity, community, and is pretty uplifting in how they feed themselves, though many Americans would find their diet of nigh zero meat and dairy protein upsetting. At least they live, no thanks to the embargo. Whlie North Korea dies, miserably. Which way will we go? Everyone should read this book and take it to heart, NOW.
Also highly recommended for those who like to learn from history: Collapse: How Societies Choose to Fail or Succeed, and for fictionThe Greenlanders
By Lesley Thomas, author of Flight of the Goose

The Wane Of Industrial Agriculture?.......2007-04-29

As a farmer, albeit part time, I am concerned about rising fuel prices, and other costs of production, nearly all energy related. In this book author Dale Allen Pfeiffer reviews possible consequences of the coming worldwide peaking of the production of conventional oil. These consequences may be dire and not limited to transportation, also affecting agriculture as we know it. Industrial agriculture with it's vast corporate interests tends to be very fuel inefficient, which includes all sorts of things such as tilling, fertilizer, perticides, harvesting, processing, transportation to markets, and more. When peak oil hits food may become much more expensive.

Do we have time to correct this, as a move to a sustainable food production system would allow? Pfeiffer writes to this question to some length, the jury is still out on it. He does write that most oil experts expect about a two percent decline per year of oil after peak oil hits, that would allow a transition, however rough, to a more energy efficient food production infrastructure. Pfeiffer gives the example of North Korea, where many have starved after their oil supply was mostly cut off after the Soviet Union collapsed, very poor planning there, then gives the example of Cuba, which also lost most of it's supply of Soviet oil, and how they successfully overcame that and converted to a sustainable agriculture system. North Korea and Cuba remain exceptions, Pfeiffer writes, as they abruptly lost most of their oil stream. The rest of the world will face a more gradual decline (my guess, sometime between now and 2025 peak oil will hit). Anyway, Pfeiffer writes that production and consumption need to be closer to each other, with local communities and individuals participating in food production. This is obviously a large and difficult problem to solve. There is also discussion in the book about corporations with their special interests which could be a problem to overcome. In the last chapter Pfeiffer describes twelve 'fun' activities if you want to become an activist. Farmers' markets, for example, are a good way to sell local produce to local people, eliminating the middleman, and overall more energy efficient than buying food shipped thousands of miles, Pfeiffer writes. But in reality the marketplace will determine the real winners and losers here, with convenience and quality also considerations, none of this is stressed in the book. Overall, though, Pfeiffer gives readers a great introduction to a subject that will probably get much more attention in the future.

good concise review of the coming crisis in agriculture.......2007-04-25

"Eating Fossil Fuels," by David Allen Pfeiffer, is a fascinating review of the upcoming crisis in production of food for our population. He starts with a quick discussion of land degradation and water degradation, and then goes into the data behind the use of fossil fuels in modern agriculture. With the approaching decline in global oil production, our ability to produce food will be severely compromised.

For anyone who reads much about "peak oil" or modern agricultural policy, this will come as no surprise. Pfeiffer's book shines, though, in his discussions of the examples of South Korea and Cuba. It is fascinating to consider the different paths taken by each of these countries during their politically-imposed sudden drop in oil availability.

Pfeiffer goes finishes with a discussion of sustainable agriculture and some ideas for what a concerned activist might do.

On the whole, I learned much from the short, well-written book about an important topic.

Average customer rating:

Very Informative
Beware of Publication Year
Very good, timely and appropiate.
a waste of paper
A fascinating book

The Coming Oil Crisis
C. J. Campbell
Manufacturer: Multi-Science Publishing Co. Ltd.
ProductGroup: Book
Binding: Paperback

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ASIN: 0906522110

Book Description

The history and current status of the important oil industry are reviewed in this study of the geological origins of oil and gas. Assessed are how much oil and gas has been produced, what remains in known fields, and what is yet to be found, revealing how to properly interpret published numbers, many of which are false or distorted by vested interests. The contention is made that the growing Middle East control of the market is likely to lead to a radical and permanent increase in the price of oil before physical shortages begin to appear within the first decade of the 21st century. The book further argues that the coming oil crisis will create economic and political discontinuity of historic proportions as the world adjusts to a new energy environment.

Customer Reviews:

Very Informative.......2004-12-01

This book is no literary masterpiece and could use a good edit but it definitely should be read. Campbell uses a lifetime worth of professional experience to try and tabulate when world oil demand will exceed production. What's important here is not that this is happening now, 5 years from now or 20 years from now, but that this day will come and we are doing nothing to prepare for it. As long as no preparations are made, the shock will be just as severe no matter how far in the future it comes. A major thrust of the book is that oil is a finite resource and supplies cannot be indefinitely extended as prices rise. He states that yes, as prices rise, more oil can be recovered but the big problem occurs when demand cannot be satisfied. This is a matter of geology, not economics or politics.

Beware of Publication Year.......2004-09-04

I purchased this book with the understanding that it was published in 2004 (as it was mentioned on amazon.com), but it is the same 1998 publication!

Very good, timely and appropiate........2004-07-19

This book is an excellent work treating the current hydrocarbon depletion issue. Readers will be well rewarded for their money. This book, however, should be read with two more:

"Hubbert's Peak: The Impending World Oil Shortage", by Kenneth S. Deffeyes

"The Oil Factor: How Oil Controls the Economy and Your Financial Future" by Stephen Leeb, Donna Leeb

One thing the author does not treat is the transitional period from hydrocarbon to renewable sources. Since these are hard topics, and the uncertainty is very high, their omission from the work is quite understandable.

As to the comment by the reader from Portland, OR, I have worked on the floors of the largest energy companies in Houston, currently working for the California energy markets, and yes, C. J. Campbell does have a pretty good understanding of how the energy markets work. Although I do not quite share the author's a bit doomsday view of the years to come, we will be up for a significant challenge.

a waste of paper.......2004-07-17

Campbell is the 43rd author to warn us about the impending doom reulting from "running out of oil." If any of the 43 authors would bother to learn basic economics, the public might have a decent book which explains the coming transition to alternate sources of energy. In Campbell's book, you not only find a basic lack of understanding of how the oil market works, but interviews with doctors and charlatens which need to be excised from the book in a future edition. Maybe he can write this edition in 2015; "The Coming Oil Crisis: This Time I Mean It"

Save yourself time and money and go to his free website before buying: http://dieoff.org/page131.htm

A fascinating book.......2003-10-09

This is a fascinating book, one that dares to go to examine the very core of the mechanisms which make our society function. Our way of life depends on fossil fuels for about 90% of all the energy we produce. Without oil and the other fossils, the planet would never been able to support 6 billion human beings, to say nothing of the extravagant lifestyle of the fraction of them living in "rich" countries.

Campbell's book is an attempt to foresee how long this bonanza can last. The uncertainties in the field are enormous, already the estimates in the amount of "recoverable resources" vary of almost a factor of two depending on who is doing the estimate. Then, there comes the need to estimate the rate of consumption which, in turn depends on complex and economical factors. Nevertheless, reason can guide us to determine that in no case we can expect more than a few decades (at most) of oil abundance. It is time to think seriously of alternatives.

Campbell's book is written by one of the foremost experts in the field, it is well balanced, entertaining, and overall fascinating. Highly recommended!

How to Profit from the Coming Oil Crisis
Average customer rating:

Very informative read for long term individual investors

How to Profit from the Coming Oil Crisis
Kurt Wulff
Manufacturer: Bantam
ProductGroup: Book
Binding: Hardcover

Public Finance | Economics | Business & Investing | Subjects | Books
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The Dhandho Investor: The Low - Risk Value Method to High Returns

The Black Swan: The Impact of the Highly Improbable

ASIN: 055305287X
Release Date: 1988-02-01

Customer Reviews:

Very informative read for long term individual investors.......2004-07-24

For anybody who has ever anticipated that oil/natural gas prices must go up, or for anybody who is seriously interested in diversifying their investment portfolio with the oil/gas asset class, this book is a great primer. With oil currently at $40/barrel, and the year-long run-up in oil/gas company stock prices, I wish I would have read this book years ago (or at least, before the Iraq invasion)

As an investor, the author is a classic value investor (ala Graham and Dodd). He makes extensive use of a so-called McDep ratio which is similar in concept to price/book ratio. He is also a big fan of using proven reserves as the true measuring stick and is less interested in refiners and large diversified oil companies.

The specific information contatined in the book is not directly useful today because it contains data from 1988 (when the book was published), but as an educational tool, the book really serves to open your eyes to the possibilities and methods that may be applicable today. In fact, I would argue that, given the fact that we now can have 20/20 hindsight, this book is even more valuable because we can determine how well the author's theses have panned out.

My only wish is that the author had provided a method usable by an individual for determining the value of the McDep ratio. While the equation is simple and 2 our of 3 variables can be easily obtained, the most difficult is the estimate of the "book" value. For a pure play natural gas provider, for example, it's easy to determine today's price/unit volume, but it's not obvious to me how to determine what their proven reserves are today since this depends on operational matters such as how many new wells are being installed, how the current wells are doing, and whether the company is acquiring/divesting properties.

However, overall, I would say this is a must read for the individual investor. The information provided adds significant value to the toolbox.

Terror Unleashed: The Coming Bird Flu, Oil, Terrorist, and Financial Crisis

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Terror Unleashed Review
Outstanding book for those who are concerned about unfolding global issues
Review of terror unleashed

Terror Unleashed: The Coming Bird Flu, Oil, Terrorist, and Financial Crisis

Manufacturer: The Frank Group
ProductGroup: Book
Binding: Paperback

General | Business & Investing | Subjects | Books

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The Bird Flu Preparedness Planner

ASIN: 0977279413
Release Date: 2005-12-16

Product Description

The major disasters of this century- the terrorist attacks of 9/11/2001 that killed 2,752 people; the severe acute respiratory syndrome (SARS) global epidemic (pandemic) that spread like fire across the globe killing 800 people in 2003 and caused $100 billion in economic loses; the December 2004 tsunami that was caused by the second largest earthquake ever recorded and killed more than 150,000 people in Asia; and the August and September 2005 hurricanes Katrina and Rita, which caused hundreds of deaths and destroyed New Orleans and other towns and cities across the Gulf of Mexico-will be seen as minor events compared to the coming catastrophes we face in 2006 and beyond.

Customer Reviews:

Terror Unleashed Review.......2006-06-14

This book provides you with a lot of useful facts and helpful tips on how to prepare for potential crises. I found the information on the bird flu and terrorism especially beneficial. There is no way of knowing if or when any of these events will occur, but by following the suggestions given in the book, you can at least be as prepared as possible should one of these situations arise. As they say, it's better to be safe than sorry!

Outstanding book for those who are concerned about unfolding global issues.......2006-06-01

There are many books on the individual topics listed in the title of this book, however, few authors have the courage to discuss the interconnectedness of these issues like Dr. Frank. These issues will not unfold one at a time, but are more likely to overlap with potentially devestating consequences for you and your family. The author discusses not only the issues at hand, but what we can do about it to protect ourselves. A must read for anyone in tune with global issues!

Review of terror unleashed.......2006-06-01

This is an excellent book written by an accomplished physician who has done a stupendous job of tying in the major issues affecting our universe currently. The book gives a detailed account of how these hot issues are interrealted and can impact our lives in multiple domains.I highly recommend this book to adults who are thinking about the political scene in the world. I found this book to be more comprehensive than "The Long Emergency"

Author predicts coming energy crisis.(Environment)(World has consumed almost half of the available oil on the planet, Michael Ruppert says) : An article from: The Register-Guard (Eugene, OR)

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Author predicts coming energy crisis.(Environment)(World has consumed almost half of the available oil on the planet, Michael Ruppert says) : An article from: The Register-Guard (Eugene, OR)

Manufacturer: The Register Guard
ProductGroup: Book
Binding: Digital
ASIN: B000ALS1VY
Release Date: 2005-07-25

Book Description

This digital document is an article from The Register-Guard (Eugene, OR), published by The Register Guard on May 31, 2005. The length of the article is 534 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: Author predicts coming energy crisis.(Environment)(World has consumed almost half of the available oil on the planet, Michael Ruppert says)
Publication: The Register-Guard (Eugene, OR) (Newspaper)
Date: May 31, 2005
Publisher: The Register Guard
Page: D2

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The Coming Economic Collapse: How You Can Thrive When Oil Costs $200 a Barrel (Unabridged)

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The Coming Economic Collapse: How You Can Thrive When Oil Costs $200 a Barrel (Unabridged)
Strathy, Stephen, Glen Leeb
Manufacturer: audible.com
ProductGroup: Book
Binding: Audio Download
ASIN: B000H9HPIY

The Coming Oil Crisis.(Review): An article from: The Energy Journal

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The Coming Oil Crisis.(Review): An article from: The Energy Journal
Michael C. Lynch
Manufacturer: International Association for Energy Economics
ProductGroup: Book
Binding: Digital

General | Business & Investing | Subjects | Books

Book Description

This digital document is an article from The Energy Journal, published by International Association for Energy Economics on October 1, 2001. The length of the article is 766 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: The Coming Oil Crisis.(Review)
Author: Michael C. Lynch
Publication: The Energy Journal (Refereed)
Date: October 1, 2001
Publisher: International Association for Energy Economics
Volume: 22 Issue: 4 Page: 125

Article Type: Book Review

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