New Ideas Here
More and more oil in US. Not only in North Dakota but in Oklahoma (will produce the new NBA champs?)
Asteroid mining?
Millionaires from RTD?
Read more
From:
Money Morning <customerservice@moneymorning.com>
Date: Sun, Jun 10, 2012 at 7:36 PM
Subject: There's More Than Oil Flowing Through This Pipeline
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The Week's Top Stories 6/4 - 6/8 |
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This Tech Stock Ready To Soar
Earlier this year, Private Briefing's top tech stock crushed Wall Street estimates, soaring 131% in less than three months. Now, Bill Patalon is releasing his next big pick. And it could make previous gains look like chump change. It's all because of the biggest wireless spending boom since the invention of the cellphone. The rewards could be immense. Go here.
June 10, 2012
There's More Than Oil Flowing Through This Pipeline
Dear Reader, One of things I'm most proud about here at Money Morning is our research. Uncovering, safe yet lucrative opportunities for our readers is our most important goal. That is why I'm excited about our latest find. Certainly you are familiar with the high price of gas. But did you know there are more than 44 MILLION barrels of oil just sitting in enormous tanks in Cushing, Oklahoma? It's a flood so large that it accounts for between 5% and 10% of all U.S. inventories-- yet there it sits. With gas prices so high, you would think this crude would be well on its way to the markets. But it's not. The infrastructure to get it from point A to point B doesn't exist in a way that is actually functional. It's not that the pipelines aren't there. They just flow the wrong way. And for one small limited partnership, that means a money machine has virtually fallen into their laps. It's simple really. This limited partnership has figured out a way to use existing pipelines to transport an estimated 150,000 barrels per day from places like Cushing to refineries in Texas and Louisiana. They delivered the first batch of crude two weeks ago and the oil companies have to pay them dearly for it. In fact, over the next several months, the nation's largest energy companies will begin paying a brand-new $3.82 per barrel oil surcharge to use the pipeline. In all, it is going to cost them approximately $47.7 million each and every month. But here's the kicker. Now there is a way for you to get in on this deal. In the months to come, you could actually lock in a fixed percentage of the profits from this partnership for the next decade. Keep in mind this is the ONLY existing pipeline that will allow millions of barrels of oil to flow down to where it's needed in the Gulf Refineries. The best part is the cash flows about to be generated by this company have already been locked in with guaranteed contracts. As the pipelines continue to flow, there is going to be a lot more than oil flowing through them. But that's only part of the story. If you'd like to learn more just click here for all of the details. This type of research is why we come to work each day. Have a great weekend. Steve Christ, Managing Editor Money Morning
The Next Millionaire-Maker Breakthrough
Rare, 'Mega RTDs' haven't been seen since 2004. These are radical breakthrough that made everyday people overnight millionaires. Fact is, one is emerging right now. It's moving fast. And it could create the backbone of the next Trillion-dollar global industry... It could rescue American manufacturing... And like previous RTDs, it could make millionaires. When you see how this breakthrough technology works, you'll "get it" immediately. Just go here.
Why the Wall Street Journal is Dead Wrong about Asteroid Mining
By Michael A. Robinson, Defense and Technology Specialist Asteroid mining hasn't even gotten off the ground yet.
But it's already drawing some bad - and very misguided - press
I wrote to you last month to tell you about a new startup that wants to mine asteroids for resources that could be worth trillions.
Indeed, as I said, just one of these rocks the size of an art museum could be worth $100 billion. (See "'Mining the Sky' for an Abundant Future.")
I also told you to keep an eye on Planetary Resources and its breakthrough high-tech system as a possible future investment.
Not only does the new firm have the backing of several billionaires, it also has the support of the U.S. government.
And let's not forget our friends across the pond...
This month, the European Space Agency will begin training a team to land on one of these giant space rocks and return with samples for researchers to study. They want to tap asteroids for metals and minerals, too. Clearly, some very bright leaders all over the world believe "mining the sky" will be a key part of our future.
That's why I still believe the question isn't if we will mine asteroids, but when.
But in a story last Tuesday, none other than The Wall Street Journal tried to cast doubt on the whole concept.
The headline says it all: "Exhausting Earth's Resources? Not So Fast."
The central part of the report is that Earth has more resources than we can dig up in decades.
As a long-time Journal reader, I have to say I was surprised the writer was so naive.
The article focused on only one aspect of space mining - that Earth is running out of resources like gold, silver, and platinum. As I see it, the Journal was bending over backwards to support the current, terrestrial mining industry. Because there's much more to the story than that...
To subscribe to Michael's free newsletter, Era of Radical Change and continue reading, please click here. |
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