Shale Oil Peak

U.S. Top Shale Oil Fields Decline 10 Times Faster Than Global Oil Industry

Posted by SRSrocco in Energy, EROI, News, Silver Members on February 5, 2020 — 44 comments

The Global Economy is heading for serious trouble when the disintegration of the U.S. Shale Oil Industry begins, likely within the next few years. With Global GDP growth based on world oil production growth, the main driver has been the U.S. shale oil industry. This is terrible news because the…

The Coming Collapse Of U.S. Shale Oil Production

Posted by SRSrocco in Energy, News, Silver Members on September 3, 2018 — 44 comments

The death of U.S. Energy Independence will occur when the collapse of shale oil production begins. And when U.S. shale oil production finally peaks and declines, it could fall much more rapidly than we realize. The rate at which U.S. shale oil production declines in the future is based on…