If the European diesel shortage worsens, the world could see continued disruptions in the global supply chain. Why? Diesel is not only a heating fuel during the winter, but is also used in European automobiles and for truck, train, and ship transport globally. Diesel prices in the United States hit ALL-TIME highs this week…
The world is heading into Uncharted Waters if the Russian-Ukraine War escalates into WW3. Why? Because NATO & the West do not have the surplus energy produced mainly by the United States during WW2. Europe is highly reliant on Russian energy for its domestic economy…
This Critical Energy Update shows how the U.S. and Russia are not keeping up with the massive global demand for natural gas. Last year was a WAKE-UP call for the world that we are heading closer to the ENERGY CLIFF. Unfortunately, as the world adds more Green Energy, the faster we run over the Energy Cliff…..
The U.S. Shale Industry continues to deplete its DUCs – Drilled Uncompleted Wells inventory and will have difficulty increasing production if it can’t drill enough wells when these inventories run out. Also, the DUCs that were drilled in 2019 and 2020 were less expensive than the wells drilled today…
The world is sleepwalking over the Energy Cliff and has no idea that it will turn most Assets into Liabilities. Thus, 99% of investors will be unprepared for the future because they have invested LOCK-STOCK & BARREL in Stocks, Bonds, and Real Estate that are Energy IOUs, rather than real Stores of Value…
We are now seeing more parts of the Global Economy shutting down due to the worsening European Energy Crisis. While the West believes it can “Reduce” its dependence on Russian oil and gas, the evidence suggests that would be suicide. Also, the U.S. economy is also being impacted by rising energy prices…