As the U.S. and Global Oil and Gas Industry continues to cannibalize itself to stay alive, the Shale Dominoes begin to fall as BHP Chairman announced its shale investment was a MISTAKE. Yes, it’s true, BHP Chairman Jacques Nassar said his company’s $20 billion shale investment six years ago, in…
It’s no secret that the East (Asians and Indians) continue to acquire a lot of gold as Western demand has weakened this year. According to the most recent data released by the USGS – United States Geological Survey, U.S. gold exports surged during the first four months of the 2017…
(by PonziWorld Blogspot) The problem with self-interest as a fake and totally hollow ideology is never knowing when it’s your own turn to go under the bus… 22 million people have to lose their health insurance to pay for Forrest Trump’s planned tax cut. And he has untold legions of…
Over the past eight years, earthquake activity in Oklahoma has increase substantially. Before 2009, Oklahoma experienced one or two low magnitude earthquakes per year. However, after 2014, Oklahoma has been suffering from one to two low magnitude earthquakes per day. While many people believe the huge increase in earthquake activity…
The U.S. PetroDollar system is in serious trouble as the Middle East’s largest oil producer continues to suffer as the low oil price devastates its financial bottom line. Saudi Arabia, the key player in the PetroDollar system, continues to liquidate its foreign exchange reserves as the current price of oil…
While the Mainstream media continues to put out hype that technology will bring on abundant energy supplies for the foreseeable future, the global oil and gas industry is actually cannibalizing itself just to stay alive. Increased finance costs, falling capital expenditures and the downgrade of oil reserves are the…