Dear Readers, I'm an optimist just like the majority of Americans. I'm also more of an entrepreneur than many Americans, but we are reaching a cross roads, or in my estimation a 'critical mass point' relative to the American & world energy industry, and its ability to meet the needs of our country during the next decade.
There are some good solutions to weather the storms while we figure-out the best plans to cope with and solve our energy problems. One good thing you can do in the meantime is to consider investing in oil & gas, or begin hedging your bets in our industry at this time in history.
NOTE: Take a look at the article from Peak Oil and at least alert yourself to the problem we all face, and start thinking about ways to take advantage of your best opportunities to offset the bad news, with some good news. In other words, look at many ways, both conventional, and unconventional, to make more money, and cut spending while you're at it. It just might be a good idea to think about investing & making money in private oil & gas direct participation investments. Be a contrarian, and be different than the masses.
Search for "peak oil" on any internet search engine, or click on the hyperlink. Those two little words will change your life forever, just as they have mine. http://www.peakoil.com/
Peak Oil article: The world we live in is about to change for the worse, as cheap oil will soon become a thing of the past. The high prices you have seen at the gas pump is nothing yet, compared to what it will be in a few years time. Not due to the greed of oil companies (of which they are, no doubt), but due to geology. Unfortunately, oil is a non-renewable fossil fuel, upon which our economy is highly dependent, and of which there is no suitable replacement.
Demand for oil will soon outstrip worldwide supply. Worse yet, worldwide production of oil will soon decrease, as available oil supplies dwindle.
Even a small decrease in the amount of available oil will cause the prices of everything to rocket to the sky, and could easily prompt a recession. Why? All manufacturing and transportation is dependent on energy, and a oil in particular. Everything that you consume must be transported, often from places around the globe. Even a small decrease in the available supply of oil will cause the prices of everything to become more expensive. For most applications, in particular transportation, there is no suitable replacement for oil.
I am writing this message to try and warn as many people as possible about the danger at our doorstep, caused by declining oil availability. For the sake of your family and your children, please become informed and try to understand what is happening, why it is happening, and what you can do about it to help your family-before it becomes too late.
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My Sport race plane #21 posted the fasted qualifying speed last year at the Reno Air Races in class & type and the fastest lap time on the 7.6 mile race course of 357.8 mph.
Note: We had alternator failure, main engine fuel pump failure, and lost our main pumps for the ADI system which injects de-natured alcohol, and distilled water into the twin-turbo injector lines, and throttle body, and around the cylinders for cooling. This allows us to go to 65" on manifold pressure, or however you dare, to achieve the 400+ speeds we can attain. Next year we plan to finish within the top three airplanes... Dennis
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