Shale Oil Bubble

The Shale Oil Bubble Accounted For 99% Of U.S. Oil Production Growth Since 2007

Without the unprofitable and unconventional shale oil supply, U.S. oil production would still be below 5 million barrels per day.¬† While we can applaud the shale industry for allowing the American Leech & Spend Suburban Economy to continue for another decade, I wouldn’t count on it lasting another ten years.¬†…

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Global Economic Growth In Serious Trouble When U.S. Shale Oil Peaks & Declines

The global economy would be in serious trouble if it weren’t for the rapid growth of U.S. shale oil production.¬† Since the 2008 financial crisis, U.S. shale oil production has increased by more than 6 million barrels per day.¬† Without these additional barrels of oil, the massive money printing and…

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The U.S. Shale Oil Industry Bloodbath Spreads As Oil Price Meltdown Continues

There is no¬†better way to describe what is currently taking place in the U.S. Shale Oil Industry, than a bloodbath.¬† Unfortunately, if the situation wasn’t bad enough for the shale oil industry when prices were 30-40% higher, today it’s a complete disaster.¬† ¬†While some might think that a bit of…

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THE SHALE OIL PONZI SCHEME EXPLAINED: How Lousy Shale Economics Will Pull Down The U.S. Economy

Few Americans realize that the U.S. economy is being propped up by the Shale Oil Industry.¬† However, the shale oil industry is nothing more than a Ponzi Scheme, so when it collapses, it will take down the U.S. economy with it.¬† Unfortunately, the reason few Americans understand how lousy the…

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