If the world depends upon the U.S. Shale Industry to save the day by bringing on a lot more oil production… GOOD LUCK with that. Unfortunately, the Red Queen Syndrome is now catching up to the U.S. Shale Patch as the rapid decline rate will make it difficult for the industry to grow production…
The world is totally unprepared for what’s unfolding in Ukraine & Europe, and the Mainstream Media is making a bad situation worse. How so? It’s due to the military term called, FOG OF WAR. While the Fog of War relates more to the military forces involved, it has now moved into the public arena…
When the world got in trouble with Green Energy… Coal-Fired Power Generation came to the rescue. This is precisely what I expected to happen when governments and the market were faced with real Energy Challenges. Both the United States and Europe ramped up coal-fired generation last year…
If the European Energy Crisis couldn’t get any worse, guess again. Since the beginning of the year, especially over the past month, there’s been a significant shutdown of French Nuclear power generation. And… when I say LARGE SHUTDOWN, that is no exaggeration…
The world is heading into Uncharted Waters if the Russian-Ukraine War escalates into WW3. Why? Because NATO & the West do not have the surplus energy produced mainly by the United States during WW2. Europe is highly reliant on Russian energy for its domestic economy…
The U.S. Shale Industry continues to deplete its DUCs – Drilled Uncompleted Wells inventory and will have difficulty increasing production if it can’t drill enough wells when these inventories run out. Also, the DUCs that were drilled in 2019 and 2020 were less expensive than the wells drilled today…