The major oil companies are now in serious trouble as the problems stemming from the Falling EROI – Energy Returned On Investment have finally manifested themselves during the global pandemic. Similar to the aftermath of a devastating tsunami, when the water heads back out to sea, the global pandemic revealed the…
The drive for U.S. Energy Independence was based on the country’s ability to ramp up shale oil production. For the oil industry to ramp up shale oil production, it had to increase the number of oil drilling rigs. And, so it began. As the drilling rig count increased, so did…
It seems as if what I have been warning about for years may be beginning to take place in the precious metals market. Due to the massive Fed and central bank monetary stimulus and liquidity, investors are now deeply concerned about the financial system and value of global currencies…
There is one chart that should deeply concern most Americans and the U.S. Federal Government. While most analysts and economists are concerned about the rising U.S. Debt to GDP or the skyrocketing Public Debt, there is another indicator that is far more worrisome. Unfortunately, I haven’t seen one economist…
Conspiracy theories, especially lousy ones, grab the attention of a lot of people. So, if you want to acquire a lot of followers while making a nice buck doing so, then it pays to continue regurgitating the “GRAND CONSPIRACY” mantra. I see this everywhere in the Alt-Media. And, it…
U.S. crude oil production experienced a surprising drop last week, even though domestic demand for oil and petroleum products increased. This came as a surprise to some energy analysts. Furthermore, the IEA, International Energy Agency came out with a forecast for global oil demand to fall 8.1 million barrels per…