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Olduvai III: Catacylsm
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The Collapse Of U.S. Shale Oil Production Has Now Begun

The Collapse Of U.S. Shale Oil Production Has Now Begun It’s Official.  The collapse of U.S. shale oil production has begun.  The mighty Shale Oil BOOM has now finally turned into a BUST.  While the pandemic shutdowns sped up the process, the collapse of the U.S. shale industry was going to occur, regardless.  According to the […]

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Future U.S. Oil Production Will Collapse Just As Quickly As It Increased

Future U.S. Oil Production Will Collapse Just As Quickly As It Increased While U.S. oil production reached a new peak of 10.25 million barrels per day, the higher it goes, the more breathtaking will be the inevitable collapse.  Thus, as the mainstream media touts the glorious new record in U.S. production that has both surpassed […]

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Analysis: Venezuela’s oil production plummets amid chaos and industry defections

Analysis: Venezuela’s oil production plummets amid chaos and industry defections Staggering debt, crumbling equipment and infrastructure, and mass worker resignations, have set back Venezuela’s oil industry decades, with experts saying they see scant prospects of any turnaround. Crude output of 1.70 million b/d lowest since strike in 2003: Platts survey Lack of safety protocols could […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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