The top four U.S. shale oil fields lost more than a half-billion barrels of oil production since their peak. At the current oil price, that’s a loss of $30 billion a year of oil revenues. Just think about that for a minute. The oil production loss from these top four shale fields would have supplied the United States…
The frigid cold air has been blamed for record electric consumption, forcing rolling Blackouts across Texas. However, the major culprit may not be due to the record electricity demand, but rather, frozen wind turbines. While it’s true that Texans are using record electricity to keep warm during record cold…
There’s been some disturbing news and data coming out about the U.S. Shale Industry. However, most investors still have no clue how bad the situation is becoming for an industry that really hasn’t been profitable for more than a decade. Unfortunately, there seem to be some nasty skeletons in the…
This is an important update for Silver & Gold Members. I wanted to share some new information about the markets, energy, precious metals, and our new Trade Alert System. Also, I spoke with precious metals dealer Tom Cloud this morning, and he says that the gold and silver retail market situation…
While some of the top five shale oil producers have seen a rebound in oil production since the pandemic shutdowns in early 2020, other companies have experienced massive declines. One of the largest shale oil producers has seen its production decline 30% in just six months!! What we are witnessing…
When the world heads over the ENERGY CLIFF, certain regions will be impacted more than other areas. The most oil-dependent regions will find it quite difficult to continue business-as-usual as the oil supply begins its inevitable decline. Over the past decade, the global oil industry increased the production of…