Title Information:
Dates & Time: May 24th and May 31st at 7:00 PM Eastern Time.
Price: $39.95 for the MP3 version, $44.95 for the CD version
Size: Two CDs or MP3s, two hours in total total
Status: in stock
Introduction and Assumptons: Read this before signing up!
The question of whether the "Peak Oil" phenomenon is real, and the timing of its occurrence, has been well debated in many articles, magazines, and Internet sites. But there is surprisingly little extended discussion on the investment implications of Peak Oil. Thus far, those who have addressed the issue have tended to latch on to a single investment or narrow range of investments – be it major oil company stocks, gold, land, or Euros – without an even-handed presentation of a wide range of investment possibilities. Also to date, most significant publications on the subject have been written by persons with further investments or advice to sell. This tele-seminar is intended to provide a broad and basic overview of some of the investment implications for Peak Oil and offer a starting point for further investigation and selection of investments.
This article makes seven assumptions about the reader and how the reader believes that future events are likely to unfold:
- Assumption 1: Peak Oil is real and imminent; worldwide oil production is unlikely to ever exceed 85 million barrels per day by a significant amount.
- Assumption 2: Once at Peak, oil production will be at a plateau for some period, during which the possibility for further production increases will be in dispute and may be obfuscated by temporary recession-led declines in demand.
- Assumption 3: No angels or prophets will herald Peak Oil in any way that will generate an immediate global response, and the public perception and reaction to Peak Oil will occur in fits and starts and be very uneven among countries (with the U.S. lagging).
- Assumption 4: In accordance with most Peak Oil theories, there is no viable alternative to oil, at least in the short term, and none that will meaningfully ameliorate the disjunctive pre-and post- Peak economic landscape.
- Assumption 5: here is some time window ahead of us before a broad recognition of Peak Oil and its implications. Otherwise, if the reader believes there is going to be a swift and imminent cascade of Peak Oil impacts, one might rapidly be paying down debts, buying up farmland, quitting "normal" employment, and retooling one’s assets and skills for a new paradigm. This fifth assumption is closely related to the sixth assumption.
- Assumption 6: Most readers are still "living in two worlds". On the one hand, the reader is steadfastly tracking the breadth of Peak Oil developments and unevenly planning for the worst case. Yet at the same time, the reader is still working at a "normal" job which may have no future in a post-Peak scenario, living in an urban or suburban environment, sending children to public school, and contributing to the company 401(k).
- Assumption 7: Volatility is opportunity for the Peak Oil investor, and there is as much or more money to be made in what is going to lose value as in what is going to gain value.
What topics will be covered?
- Future Earnings, Price-to-Earnings Ratios, and the Efficient Market Hypothesis
- Timing of Peak Oil and Impact on Investment
- Oil, Gas and Coal producers, explorers, equipment and services
- Alternative Energy and Energy Efficiency
- Nuclear Supply and Service Companies
- Energy and Natural Resource Funds
- Precious Metals, Precious Metal Funds
- The Guaranteed Investment Opportunity
While specific companies, securities, and financial instruments might sometimes be discussed as examples or to illustrate general points, this article does not make any specific recommendations as to which companies, securities, or financial instruments you should or should not invest in.
About Adam Cohen
Adam B. Cohen is a corporate finance attorney and the managing member of The Law Offices of Adam B. Cohen, LLC. Previously, Mr. Cohen was an investment banker with Lehman Brothers and an attorney with Latham & Watkins LLP. He can be contacted at: acohen@covenantlaw.com. 
