Dear Friend,
In 1976, a Chevron drilling crew hit something three miles under the California desert.
It wasn’t oil. It wasn’t gas.
It was heat - enough to power a city. And it worked.
Chevron filed internal reports confirming the technology was viable. Then they buried the project, reassigned the team, and told the public it was “too expensive.”
For fifty years, that was the official story.
Last year, a crew in Utah used the same drilling rigs Chevron perfected - and hit the DOE’s 2035 targets twelve years early.
Costs fell 50% in 18 months.
The same oil companies that said “impossible” are now quietly filing patents. But they’re decades behind.
One company has been building this for sixty years. Google just locked in a 15-year deal. Bill Gates wrote a $100 million check.
And on July 4th, the government is about to hand them an advantage the oil majors can’t match.
See the company that called Big Oil’s bluff >>
“The Buck Stops Here,”
Kelly Maguire
Behind the Markets
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