Resource Wars
by Chris MartensonThis is a must-read article. It shows that the big money, and what I consider to be the long-term smart money, is moving aggressively towards locking up the last remaining critical resources on the planet. This article centers on crop land, but it could just as easily center on critical mineral resources. Or oil.
Wish you weren’t here: The devastating effects of the new colonialists
This is a must-read article. It shows that the big money, and what I consider to be the long-term smart money, is moving aggressively towards locking up the last remaining critical resources on the planet. This article centers on crop land, but it could just as easily center on critical mineral resources. Or oil.
Wish you weren’t here: The devastating effects of the new colonialists
New Martenson Report: Oil – The Coming Supply Crunch (Part II)
by Chris MartensonIn this Martenson Report for subscribers, I continue with Part II of our discussion on what the next oil supply crunch will mean and steps you might take today to lessen the impact.
Oil – The Coming Supply Crunch (Part II)
Here’s a snippet:
Executive Summary
- Explaining Oil Pricing – oil prices are "set at the margin"
- Oil Storage – When it’s pumped out of the ground it has to go somewhere
- Oil Price Behavior – slight supply and demand imbalances drive prices
- The Total Shortfall – too little oil to support a robust recovery
- Nothing Fails Like Success – the worst thing would be a rapid economic recovery
- Timing – when will Oil Shock III arrive?
- What should you do?
- Investments, food, selecting a community, and an abbreviated buy list
In Part I of this report, I laid out the case that the
combination of declines in the production output of existing oilfields and a
lack of investment in new oil fields would lay the foundation for Oil Shock
III.
This report will examine Oil Shock III by painting a number
of possible scenarios, and then discuss steps you might take to weather the
storm, when it arrives. I will help you
translate current news and future projections into actionable information. My goal is to help you better understand what
is going on and what you can personally do about it.
In this Martenson Report for subscribers, I continue with Part II of our discussion on what the next oil supply crunch will mean and steps you might take today to lessen the impact.
Oil – The Coming Supply Crunch (Part II)
Here’s a snippet:
Executive Summary
- Explaining Oil Pricing – oil prices are "set at the margin"
- Oil Storage – When it’s pumped out of the ground it has to go somewhere
- Oil Price Behavior – slight supply and demand imbalances drive prices
- The Total Shortfall – too little oil to support a robust recovery
- Nothing Fails Like Success – the worst thing would be a rapid economic recovery
- Timing – when will Oil Shock III arrive?
- What should you do?
- Investments, food, selecting a community, and an abbreviated buy list
In Part I of this report, I laid out the case that the
combination of declines in the production output of existing oilfields and a
lack of investment in new oil fields would lay the foundation for Oil Shock
III.
This report will examine Oil Shock III by painting a number
of possible scenarios, and then discuss steps you might take to weather the
storm, when it arrives. I will help you
translate current news and future projections into actionable information. My goal is to help you better understand what
is going on and what you can personally do about it.
Oil – The Coming Supply Crunch (Part II)
by Chris MartensonSunday, April 12, 2009
Executive Summary
- Explaining Oil Pricing – oil prices are "set at the margin"
- Oil Storage – When it’s pumped out of the ground it has to go somewhere
- Oil Price Behavior – slight supply and demand imbalances drive prices
- The Total Shortfall – too little oil to support a robust recovery
- Nothing Fails Like Success – the worst thing would be a rapid economic recovery
- Timing – when will Oil Shock III arrive?
- What should you do?
- Investments, food, selecting a community, and an abbreviated buy list
These prices now are dangerously low. The lower prices fall, the less oil will be produced and the greater the chance of an oil spike.
We are three, six, maybe nine months away from a price shock. We are not talking about three to five years away — it will be much sooner.
Within a few months, we are going to realize our visible inventories are really tight — squeaky tight — and what would really be inconvenient is to see a recovery in the economy."
Matt Simmons, Chairman of energy investment-banking firm Simmons & Co, March 26, 2009
Sunday, April 12, 2009
Executive Summary
- Explaining Oil Pricing – oil prices are "set at the margin"
- Oil Storage – When it’s pumped out of the ground it has to go somewhere
- Oil Price Behavior – slight supply and demand imbalances drive prices
- The Total Shortfall – too little oil to support a robust recovery
- Nothing Fails Like Success – the worst thing would be a rapid economic recovery
- Timing – when will Oil Shock III arrive?
- What should you do?
- Investments, food, selecting a community, and an abbreviated buy list
These prices now are dangerously low. The lower prices fall, the less oil will be produced and the greater the chance of an oil spike.
We are three, six, maybe nine months away from a price shock. We are not talking about three to five years away — it will be much sooner.
Within a few months, we are going to realize our visible inventories are really tight — squeaky tight — and what would really be inconvenient is to see a recovery in the economy."
Matt Simmons, Chairman of energy investment-banking firm Simmons & Co, March 26, 2009
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