2020

STACKED DRILLING RIGS: Killing The Shale Industry One Million Barrels At A Time

As they say, the Party doesn’t last forever.  This is certainly true for the U.S. Shale Industry.  With the U.S. drilling rig count still at near-record lows, the worst is yet to come.  Why?  The shale industry needs a large number of drilling rigs and well completions to offset…

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RAMPING UP OF GLOBAL GEOTHERMAL ENERGY PRODUCTION: Totally Irrelevant As A Solution

The world seems to be placing its energy future on the so-called “Renewables,” with Geothermal as one of the GREEN ENERGY solutions.  Unfortunately, geothermal energy production is totally irrelevant in the face of the dire energy consequences coming our way.  But, that doesn’t keep the industry from bragging about…

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PRECIOUS METALS & MARKET UPDATE: Fed’s Digital Dollar Policy Impact On Gold & Silver

While the precious metals enjoyed a nice rally on Friday, we may still see lower prices before setting up for the next leg higher in 2021.  It all depends on the U.S. Dollar Index.  Even though the U.S. Dollar has fallen lower, there still may be a bounce higher before…

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