Bad News for OPEC

Forward to a Friend Having trouble viewing this issue? Click here. Refer a Friend to Energy and Capital. Bad News for OPEC By Jeff Siegel | Thursday, August 9th, 2012 According to the Department of Energy, up to 430 billion barrels of recoverable oil lay right here in the United States. Exactly how much oil is this? It's... 2x more than all the reserves of Saudi Arabia 6x more than Mother Russia More than Iraq, Iran, Kuwait, and Canada combined! All of which makes it even harder to understand why we're still dependent on any one of these countries for our oil. The truth is it's not because of politics... but simply because this oil is too difficult to extract. You see, most people are surprised to learn that when it comes to crude, oil companies typically recover only the "low-hanging fruit": just 10% to 20% of the oil in proven reserves. That's it. The rest is either too difficult or too costly to extract. Think about that: Up to 90% of proven oil is simply abandoned by profit-hungry oil companies! Now just imagine what it would mean if these companies could finally get to all this "leftover" oil. If only they had the right technology... If only the right technology even existed... I'm here to tell you that it does. What's more, it's already being used by some of the biggest oil companies on the planet... Some of which are using it to increase individual well production by as much as ! No wonder an analyst with Max Capital Markets wrote: "The potential for this technology to be adopted by an entire industry is huge." Just as another recent technology — horizontal fracturing — has opened up so much natural gas in North America that there's not even enough room to store it, so too will this new technology unleash billions and billions of barrels of domestic oil. And it's why I believe it's only a matter of time before the one company that produces it skyrockets — handing lucky investors returns of no less than 412%. You'll learn more about this company in a moment... But first, let me show you the breakthrough technology that could easily allow the United States to triple its oil production almost overnight. The "Earthquake" Effect To understand how this technology works, it's important to realize why it's so difficult for producers to reach more than 20% of the oil beneath their feet. To extract the oil, companies inject hundreds of thousands of gallons of water and carbon dioxide into the ground to push it into another well where it can be pumped out. But instead of acting as one massive wave of pressure throughout the entire formation, water and CO2 flow the path of least resistance, with much of it seeping away into tiny rivers and nooks and crannies in the earth. The result is that only a fraction of the oil can be recovered before there is nothing left but water and CO2. Until physicists realized something... For years, whenever an earthquake hit Alaska, oil production in the Western Canadian Sedimentary Basin soared. Why? Well, the closest explanation was that massive waves of energy moving at hundreds of meters a second were bound to break apart rock formations containing oil. But that posed another question... What if this same seismic energy could be safely stimulated to extract more oil? In the late 90s, with oil still at $12 at barrel, one tiny company put this question to the test. And the answer it came up with was a device so mind-bogglingly simple that it can be used right out of the box!  All oil producers need to do is attach this device to the bottom of a fluid injection string... Then this "Petro-Pusher" relentlessly pulses water through the ground at speeds of up to 100 meters per second. It's this lightning-fast, nonstop pressure that forces thousands of more barrels of oil to the surface faster than any other extraction method that has ever existed. And it's why, in some cases, the Petro-Pusher has increased individual well production as much as 1,000% — and secondary field recovery by 30% or more... Last year, Core Energy almost doubled oil production at its carbonate pinnacle reef field from 46 barrels of oil per day (bpd) to 84 bpd... At a formation in Crane County, TX, production soared 30%... A Canadian operator in Alberta increased production by 52%... Another operator based in Calgary increased production by 56%... Small wonder why the Petro-Pusher is already being used by giants like Chevron, Penn West, Apache, BP, Halliburton, and others at more than 175 wells across North America... Or why the number of drilling stations equipped with it has soared 3,300% since 2007. Today, America... Tomorrow, the World As exciting as all of this is, it's just the beginning. After all, extraction difficulties aren't just a problem in the United States... A whopping 65% of all the world's proven oil reserves are also abandoned. Now, just imagine what it would mean if companies could suddenly reach this oil. Well, the folks over at BP don't have to imagine... According to a company memo: The prize in enhancing recovery rates is enormous... a 5% increase in recovery - a conservative increase thought to be achievable -  would yield an additional 300 to 600 billion barrels. Think about that for a minute... The United States, the largest consumer of oil on the planet, plows through about 6 billion barrels per year. Even at the low end of BP's estimates, you're looking at one company's ability to produce enough oil to meet demand for more than 50 years. And here's the best part: It can all be done without drilling a single well. That's why oil companies are lining up for this technology. The cost to find, drill, and develop a new oil field can total well over $20 billion. The rentals on deepwater platforms alone run about a half million dollars per day! And forget about all the regulatory issues involved with drilling new wells... These wells already exist. All producers like BP have to do is use the Petro-Pusher at those old wells that still have a wealth of oil just sitting there, waiting to be extracted... Not for You, China Countries all over the world are using the Petro-Pusher to vastly increase oil production.  But there's one country where you definitely won't see it used: China. As the CEO of this company that designed the "Petro-Pusher" explains: "... protecting the device and the science behind it, our intellectual property comes first." And that's why "we won't market in a country that does not have our interests at heart. We've been asked to export our technology to China, and we were skeptical, and have decided not to move into that territory." So it's not hard to understand why the Petro-Pusher is now licensed worldwide to leading oil companies in Angola, Argentina, Australia, Bolivia, Brazil, Chile, Colombia, Germany, Indonesia, Mexico, Oman, and Peru... And with Saudi Arabia fully admitting its plans to keep oil prices from falling any further in order to sustain its own public spending, a number of analysts now believe this list will continue to balloon. And that's why I can't stress enough how important it is to get ahold of the tiny company producing this game-changing technology today. Incredibly, you can still get it for just under a buck — but that won't be the case for long. This is one bargain that could easily disappear overnight... That's why I've put together all of the details for you in a special new report: "Petro-Pusher Profits: How to Make 412% Returns from America's Oil Liberator." And I want you to have it free of charge. I'll show you how to get your hands on it in just a moment — but first, allow me to introduce myself... Profits from a Proven Track Record... in Your Hands I'm Jeff Siegel, publisher of Jeff Siegel's Power Portfolio. As someone who has been in the financial research business for more than 16 years, I've watched the economy boom and bust... I've seen collapses and recoveries... And through it all — regardless of the state of the economy — I've leveraged big profits by picking up on the kind of mega-market shifts like the one I've described for you today. It's why I've been invited to speak at so many industry and investment conferences across the globe — and why I'm featured time and time again on CNBC, Fox, and Bloomberg. And it's the reason I've been able to help so many of my readers reap spectacular returns from other early market game-changers, like: XSunX (OTCBB: XSNX) 546.5% WorldWater Corporation (OTCBB: WWAT) 153.3% New Energy Technologies (OTCBB: NENE)  88% JA Solar (NASDAQ: JASO)  84.1% Hain Celestial (NASDAQ: HAIN)   77.3% Capstone Turbine (NASDAQ: CPST)   82.1% World Energy Solutions (NASDAQ: XWES)   72.7% Cree, Inc. (NASDAQ: CREE)   159.5% Just take a look at what some of my readers have had to say... I've got stacks more of success stories just like these... Yours could be one of them — once you take a look at Jeff Siegel's Power Portfolio, the resource for disruptive, game-changing breakthroughs set to turn our world inside out. Even better: You can take a look at Power Portfolio today without risking a single penny. Your Path to Prosperity This is your opportunity to get in early on the one company that could single-handedly change the oil game forever — and make you a mountain of cash in the process. And I want to help you do this by offering you a free copy of my brand-new report, "Petro-Pusher Profits: How to Make 412% Returns from America's Oil Liberator." This report contains all the details on the company that could soon allow the U.S. to kick OPEC to the curb... for good. Plus when you get your free copy of "Petro-Pusher Profits: How to Make 412% Returns from America's Oil Liberator," you'll also get complete access to: Power Portfolio Stocks — Includes the status of all of our Power Portfolio recommendations. The stocks in this portfolio are long-term investments: steady profits, minimal risk, and long-term benefits. Limited Coverage Portfolio — Includes a list of stocks that we cover for near-term opportunities and has included some of our most dramatic gainers yet. For short quick gains, this is the ride to take. Monthly Spotlight Stock — Once a month, I'll highlight a new modern energy or infrastructure stock and offer in-depth coverage on that stock. These rare discoveries allow you to be among the first to learn about emerging opportunities in this market... and jump on them before mainstream media outlets know what happened. Instant Power Portfolio Alert — The moment I decide to add or sell another company in the Power Portfolio, you will instantly receive an email alerting you to the situation. Instant Online Access — You'll also get instant access to our entire research library, an invaluable investment tool that doesn't just educate, but advises how and when to react to sudden developments in the market. Plus you'll get a FREE subscription to Angel Publishing's daily e-Letter, Energy and Capital.   Energy and Capital brings you daily commentary, research, and investment ideas centered on the end of the oil age and the technologies that will help you make a smooth transition. And There's More... I also have three additional blockbuster BONUS reports I'm very excited to share with you: "Energy, Uninterrupted" — Storing energy safely and efficiently is just as important as producing it in the first place. It's one of the fastest-developing tech industries today, and I've got details on some of the strongest and most promising operations out there right now. "Tapping into the World's Biggest Construction Project for a Lifetime of Wealth" — From Asia to the Middle East, North Africa to the Caribbean, nearly $50 trillion worth of infrastructure projects is now under way... 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If you decide to keep it, the annual cost of this service is just $49. That breaks down to a mere 13 cents per day — less than you'd spend on a pack of gum! — for a wealth-building tool kit that could bring you fast gains of 153%, 159%, even 546% or more... A tool kit that includes: Membership to Power Portfolio My marquis report, "Petro-Pusher Profits: How to Make 412% Returns from America's Oil Liberator," detailing the one company that's set to forever change the landscape of domestic oil production   Access to our entire library of research reports, including the three BONUS reports mentioned above Weekly updates and recommendations on the latest developments in the market Instant alerts telling you when to buy and when to sell And if you decide that my research, investment style, or winning picks are not for you, just call me at any time within six months of your purchase, and I'll refund your money right then and there. That's a 100% refund... No questions asked, no surcharges, no restocking fees, and no small print. You have absolutely nothing to risk here — and everything to gain... Like the retirement-rich gains you could make off the company that's making OPEC imports virtually obsolete.  But act quickly. You must get in front of this thing if you're going to maximize your gains... Already the buzz surrounding this company's technology is starting to pick up. By as early as next week, we could see every trend-chaser on Wall Street accumulating shares of this game-changer. That's why it's so important that you stake your claim now — before this one gets launched into the stratosphere. Because that, my friend, is how you get rich in this market. Don't keep your profits waiting on this one... Good Investing, Jeff Siegel Editor, Power Portfolio P.S. Remember — once you take advantage of this special limited-time offer you'll have six months to make sure Power Portfolio is right for you. If it's not, just let me know... 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