What’s going on with U.S. Shale Oil & Gas Production, and is the Permian finally showing signs of peaking?? Well, according to the most recent data, total U.S. shale oil production is about the same as it was a year ago… this certainly doesn’t look good at all. And what about U.S. shale gas production…
Thanks to Bitcoin Mining & AI Data Centers, the Texas Power Grid hit a Record load in July. What’s quite interesting is that Texas power demand grew 9% in recent months, nearly five times the U.S. average. Ironically, the Bitcoin Mining Industry said it “Saved the Grid” on July 22nd during the peak-load event…
With the U.S. Iran war continuing to escalate and now spreading to other parts of the Middle East in Yemen and Iraq, could we be heading towards a “Forever War”? That term comes from Professor of Political Science, Robert Pape. After watching my energy update, I recommend also watching the Robert Pape interview below…
Unfortunately, the United States & the World are heading into an unknown future as the Middle East Crisis escalates; at the same time, it seems the massive AI Bubble is popping.  With S&P downgrading the mighty Oracle to just above Junk, it is sending a warning sign for stocks…
While the U.S. and the rest of the world dodged the “Oil Bullet,” we may not be so lucky the next time. And, with the hostilities and attacks starting to escalate between the United States and Iran, the Strait of Hormuz is now closed once again. If the Strait remains closed for weeks and months, this could get ugly…
What happened to the Big Oil Price Spike that was supposed to materialize? I explain what happened and why the top oil analysts, major oil companies, and even I didn’t expect how much China’s cut in oil imports would impact markets. That being said, where do we go from here…