Economy

U.S. SHALE OIL PEAK HAS ARRIVED AS DRILLING RIG COUNT PLUNGES: Oil Prices Likely To Remain Weak Due To Trump Tariff & Economic Policies

Well… it looks like PEAK SHALE OIL has finally arrived as the drilling rig count plunges.  The U.S. and Canadian Drilling Rig Count fell by a whopping 17 rigs in just one week.  Thus, Trump’s notion of “DRILL BABY DRILL” has gone out the window right along with low inflation…

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U.S. RESIDENTIAL ELECTRICITY RATES HIT ALL-TIME HIGH: American Power Bills Will Surge This Summer

Americans are already dealing with enough stress from rising inflation in all consumer goods, and can now add a new record high in residential electricity rates this March.  Also, according to energy analysts, Americans could see their power bills surge this summer, trying to keep cool with forecasted high temperatures…

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