Shale Oil Production

Top Shale Oil Fields Lost Half Billion Barrels Of Oil Production Per Year

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…

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U.S. Shale Oil In Trouble As Production Stalls After Two Years Of Significant Growth

Has U.S. shale oil production stalled?  Well, it seems so.  After experiencing significant growth in 2017 and 2018, U.S. shale production in the first five months of this year has remained flat.  This is terrible news for the shale industry which has counted on production growth to increase cash flows…

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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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