With natural gas inventories now drawing down, what does that mean for Europe this winter? Unfortunately, European natural gas prices are once again surging higher. Also, what is going on with the precious metals prices and the Dollar? Is the Dollar still heading lower…
Unfortunately, after all BOOMS… comes the inevitable BUST. With the U.S. Shale Oil Boom now over, this is not only bad news for Americans but also for the rest of the world. Why? Because U.S. shale oil production accounted for 80% of total World Oil Supply growth since the 2008 Global Financial Crisis…
If things couldn’t get any worse for struggling Americans this year, electricity prices reached a new all-time high in September. Residential electricity prices surged 20% since the beginning of the year, and will likely continue to increase significantly in the coming years…
The world has no clue how close we are getting to reaching the ENERGY CLIFF. While the current “Energy Crisis” is focused on Europe, this is just a mere symptom of much bigger problems stemming from the Conventional Oil Energy Cliff. These are must-see charts the oil industry doesn’t want you to see…
There is this notion that we can simply move to “Coal to Liquids” to make up for the coming Energy Cliff. The idea is that we can switch to mining the hundreds of years of coal reserves to make our liquid fuels when oil production peaks and declines. Unfortunately, this is pure rubbish.
While the rest of the world is cutting back on coal production and shutting down coal-fired power plants, China is going full-steam ahead, doing quite the opposite. The increase in China’s coal production in 2022 will be nearly three times more than the largest European producers in a year…