Chris Martenson, author of website Peakprosperity, joined Stansberry Radio podcast for a second interview last week to revisit his stance on “Peak Oil.”
“Peak Oil” is the belief that an inevitable decline in oil production will occur when the maximum rate of petroleum extraction is reached. Martenson originally supported “Peak Oil” and dubbed U.S. shale-rock oil resources in Texas’ Eagle Ford and North Dakota’s Bakken regions “worthless.”
However, as Martenson and Stansberry discuss on the program, rapid growth in U.S. oil production has called that theory into question. Martenson returned to Stansberry Radio podcast with a new opinion and perspective.
”Mr. Peak Oil is starting to sound like Mr. Pro oil” said Stansberry addressing Martenson’s previous interview on May 31, 2012.
More information about Stansberry’s and Martenson’s worldview and listen to the entire interview here.
Porter Stansberry, the host of Stansberry Radio continues to confront today’s hottest issues in the financial and economic world. With more than 1 million episodes downloaded Stansberry Radio produces new shows every Thursday afternoon. Porter keeps his audience informed with world renowned guests and “honest opinions that are not influenced by profit motives.”
Chris Martenson is a former biochemical scientist and Vice President of Pfizer. Currently, Martentson is an author and trend forecaster interested in macro trends regarding the economy, energy composition and environment.
Martenson received his Ph.D. in neurotoxicology from Duke University in 1994. Martenson also obtained an MBA from Cornell University in 1998. Martenson is a fellow at the Post Carbon Institute.
Martenson was previously a Vice President at Pfizer. In more recent years, Martenson stepped away from biological sciences and management to develop an educational video seminar series called THE CRASH COURSE, which is based on neo-Malthusian concepts. The course investigates the ways in which the economy, the environment and energy interlink and interact.
Porter Stansberry founded Stansberry & Associates Investment Research, a private publishing company based in Baltimore, Maryland, in 1999. Stansberry’s monthly newsletter, Stansberry’s Investment Advisory, deals with safe value investments poised to give subscribers years of exceptional returns. Porter oversees a staff of investment analysts whose expertise ranges from value investing to insider trading to short selling. Together, Porter and his research team do exhaustive amounts of real-world, independent research. They’ve visited more than 200 companies in order to find the best low-risk investments in the world.
Visit http://www.stansberryradio1.com for more information.
Name: Sara Wilson
Organization: Stansberry Research