The glory days of the Great Bakken Oil Field are soon coming to an end. With the collapse of the price of West Texas Intermediate Crude, shale oil production from the Bakken is in big trouble. How much trouble? Well, if we understand how much of its production growth came…
There is this notion put forth by the media that a decline in global oil demand caused the huge drop in the price of oil. Ironically, global oil demand is higher than ever… that is, according to the IEA – International Energy Agency. Not only did the world consume the…
Not only is there conjecture that some or most of the gold at Fort Knox may be missing, but also there is speculation that some radioactive gold made its way into U.S. Treasury Gold Reserve. The movie Goldfinger, in which James Bond stops a plot to radiate the U.S. gold…
Here are the SRSrocco Report top articles for 2014. The article with the highest amount of views was Precious Metals Prices To Rise As The U.S. Economy Disintegrates, and the one that scored the best in the Social networking category was GERMANY: Renewable Energy Policy, “Complete Failure”… Bring On The…
(by Chris Hamilton)- WWII is still reshaping our economic reality. The massive global loss of life in WWII and its birth dearth during the war created a demographic hole (unusually high death / unusually low births over a 5 to 10 year period). The subsequent baby booms in the US…
The Great Bakken Oil Field suffered a setback in October as production declined 1,598 barrels per day compared to the previous month. The industry blames the decline on drillers scaling back on production due to the new flaring mandate that requires companies to capture natural gas as well as the…