Jason Brennan is what I would call a foolish treehugger.
An old friend of mine, Jason is a self-proclaimed environmentalist who’s big on attending demonstrations and rallies. He even tried to get me to go to an anti-drilling rally in Pittsburgh last year. I declined.
Although I’m not a big fan of Big Oil, or the politicians that are employed by it, I’ve never been much of a fan of these types of demonstrations. I just don’t think they’re particularly effective, and I have found that most folks who attend them tend to be anything but knowledgeable.
In fact, Jason’s the perfect example…
This guy drove four hours to Pittsburgh in an old minivan that gets about 20 mpg — ironically, to fight the evil empire that provided the fuel for his trip.
I asked him instead of driving out to all of these rallies, why not just get a more fuel-efficient vehicle, take public transportation, or even bike to work? He only lives about two miles from his office…
Seems to me you can make a bigger impact with your wallet than you can with a protester sign.
But he didn’t bite, claiming his voice would be heard.
But guess what? It wasn’t. And it never will be.
An Inconvenient Truth
I’m a big believer in rational environmentalism.
That means leading by example, and not preaching.
It means making positive changes that don’t require the assistance or approval of anyone else — particularly the government.
It means taking a stand against those who treat the earth like their personal toilet, but doing so in a rational and educated way. And it means working with those who negatively effect the environment, not against them.
Because the fact is no matter how much screaming and shouting all these anti-oil folks do, the black stuff isn’t going to stop flowing. It’s just not going to happen. And if it were to occur, the entire global economy would implode.
This is the real and inconvenient truth that few irrational environmentalists are willing to admit.
Meanwhile, some of the very companies these folks are protesting are actively developing new, safer and more responsible production technologies. This is a good thing. And instead of fighting them, they should be supporting these efforts. I certainly am.
In fact, I’m looking to profit from some of these new technologies — particularly, one known to insiders as the “Octopus.”
Eco-Friendly Oil?
Some are calling it “eco-friendly oil.”
I’m not willing to go that far, but I will fully admit that this new technique offers a much more environmentally responsible form of oil production.
You see, when it comes to drilling, you typically need about 28 acres of land for four wells. But with the Octopus technique, those same four wells require only 7 acres of land. This means the environmental impact on the surface is reduced by about 75%.
This results in drillers accessing more oil with less “on-the-ground” damage to the land. It also allows drillers to disturb less underground water sources, certainly a major benefit these days.
Now, if you’re wondering exactly how this technology works, you’ll actually have to wait until next week when my colleague Keith Kohl will follow up on this article with a step-by-step explanation of the inner workings of this technology — as well as how to profit from it.
In the meantime, let me share with you another reason I’m bullish on the Octopus…
This is Huge!
With the Octopus technology in place, producers can now save up to $2 million per drilling pad.
It’s true. Because this new technology can serve as many as 18 wells from one location, producers can rely on the same infrastructure for all of their wells. That means one road network, not 18; one set of power lines, not 18; and one water system, not 18.
Some companies that are actively using this technology right now are already reporting savings of between $2 million and $2.5 million on every single pad. This is huge! And that doesn’t even count the time and money they’re saving on rig movements…
With the Octopus technology in place, the time it takes to move those rigs actually falls from five full days to just two hours.
It’s no wonder oil and gas analysts are calling it the “OPEC Killer.”
But I’m simply calling it my next double-bagger.
You can get a piece of this action, too. We’ll show you how next week.
To a new way of life and a new generation of wealth…
Jeff Siegel
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Jeff is the founder and managing editor of Green Chip Stocks. For more on Jeff, go to his editor’s page.
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