Oil Shortages Start in 2010; Peak Oil Hits 2012-2015
Image via Wikipedia Nearly 40 years on Wall Street, plus 12 years before that working for a major oil company, equals a lifetime of experience for Charles T. Maxwell, senior energy analyst at Weeden & Co., known as the “dean of energy analysts.” Now, in an interview that sounded like a preliminary draft of a valedictory address, Princeton and Oxford-educated Maxwell has laid out in stark, uncomplicated terms what might be called the “Nightmare on Main Street” that he sees barreling toward America and the world.
Every investor needs to pay attention to Maxwell’s nightmare scenario, because if the dean’s forecast is correct, it’s going to influence every investment decision made for at least the next 10 to 20 years. As we’ll see in this four-part series, although Maxwell sees much pain being inflicted on consumers and investors, he also sees opportunities to make a lot of money.[...]
Full article – Via : ©energytechstocks.com
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