Shale Oil Bubble Archives - SRSrocco Report

Shale Oil Bubble

U.S. SHALE OIL INDUSTRY: Catastrophic Failure Ahead

Posted by SRSrocco in Energy, News on October 23, 2018 — 56 comments

While the U.S. Shale Industry produces a record amount of oil, it continues to be plagued by massive oil decline rates and debt. Moreover, even as the companies brag about lowering the break-even cost to produce shale oil, the industry still spends more than it makes. When we add up all the negative factors weighing down…

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

Posted by SRSrocco in Economy, Energy, EROI, News, Videos on May 18, 2018 — 39 comments

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 economics are in producing shale…