[toolpusher]

why not use peak oil to your advantage? this seems to me the most blantant and obvious corollary to peak oil.

it seems obvious to me that stocks should be bought. but which ones? should one buy a couple of stock tanks like my grandfather had on the farm? or should one buy stocks on the financial exchanges?

or both? too bad most people don't have available the first option, and many neither the second, because oil stocks are no longer cheap. that is, if you realize that in a sense they are now a wasteing asset, they become even more expensive.

pioneer natural resources is buying back stock instead of buying in production. i think this was the single most important fact which lead me to shy away from buying e and p stocks. taken in the light of oxy's massive water and carbon dioxide floods in the permian basin, i decided to take my money elsewhere.

[Aaron]

Downstream oil service companies.

Growth opportunities for investment are ripe right now.

(I work in this industry)

Look for strong mid-sized companies which serve the oil majors & refiners.

Every company like this I know of is booked solid with new business. 2007 is being targeted as a growth year for many of these companies.

This means specialists in Turn Around Management & Regulation Compliance companies, as well as manufacturers & distributors.

[Dreamtwister]

$this->bbcode_second_pass_quote('Aaron', 'T')his means specialists in Turn Around Management & Regulation Compliance companies, as well as manufacturers & distributors.

[oilcanboyd]

If this is post on investments due to peak oil I will throw my two cents in with one word.

[b]WATER

There is many forces at play with water, and oil needs water. But lets consider the other needs first.

Industry, manufacturing, irrigation, agriculture, humankind.

China has problems, shanghia is sinking yet the northern plains aquafirs are empty and they are considering building 7 nuke plants to desailinate the ocean waters and pipe north.

Food needs water, 1000 tons of water to grow 1 ton of wheat.

I can go on but now onto oil

Kuwait is running low due to higher and higher water cuts, most middle east wells are 3:1 now (unpublished) Oaklahoma and Texas wells are 4 and up to 8:1 cuts.

Tar Sands, well thats another story too, and so is the next political solution to get the transportation industry off oil,.. fuel cell powered hydrogen from water.

I believe investments in oil water sep equiptment and purifying such as RO methods will increase with in the next year.
imho
Oilcan