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Monday, July 07, 2008

Book Review: Profit from the Peak

Over the July 4 weekend, I read the book Profit from the Peak: The End of Oil and the Greatest Investment Event of the Century by Brian Hicks and Chris Nelder. This is by far that best book I have read in a long time on oil and alternative investments.

One of the key points of the book is that oil production has peaked and oil reserves will last about 30 years at the most. In addition, the book mentions that coal and natural gas may be peaking soon. The authors back up every thing they cover with extensive well-documented charts and graphs. What the book does is discuss in great detail, but in easy to understand language, all the various energy alternatives, including biofuels, solar and photovoltaics, geothermal, nuclear, wind, wave and tidal energy. What I really like is at the end of each discussion of energy sources, they give specific stock recommendations and why they are appropriate investment opportunities.

Chapter 4 has an interesting title, $480 A Barrel: The True Value Of Oil. Check out this book and you will realize that the era of cheap oil is gone forever, but there are many ways to profit from these new conditions.

The book is up-to-date and extensively researched. I highly recommend Profit from the Peak .

Review by Fred Fuld at Stockerblog.com

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