May 2015

Peak Of Bakken Oil Production Will Signal The Collapse Of The U.S. Economy

The U.S. is in serious trouble.  The great U.S. Bakken oil field supposedly responsible for making the United States energy independent, is now showing signs of peaking.  Not only has oil production from the Bakken declined significantly, so has the Eagle Ford.  If these two shale oil fields have indeed peaked, the collapse of the…

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U.S. Sanctions & Saber Rattling Doesn’t Stop The U.S. From Importing Russian Petroleum

Americans would be quite surprised to know that even with all the U.S. Government sanctions and threats of war with Russia, we still import a significant amount of petroleum from the former communist country.  How much petroleum does the United States import from Russia?  Actually, a lot more when we focus on net imports. While…

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