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

February 5, 2020

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

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The Struggle Continues For Bankrupt Shale Drillers

March 30, 2018

The Struggle Continues For Bankrupt Shale Drillers Remember the wave of bankruptcies that hit shale E&Ps and oilfield services providers in the shale patch between 2015 and 2017? Over those two years, more than 120 oil and gas producers filed for bankruptcy protection in the United States, figures from Haynes & Boone showed last year. […]

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U.S. Department of Energy Doubles Down on Shale Optimism

February 13, 2018

U.S. Department of Energy Doubles Down on Shale Optimism The U.S. stock market is not the only thing that’s gotten overheated in the last few years. Exuberance over U.S. energy output has hit a record high as natural gas production has reached its all-time peak, and oil production nears highs not seen in 47 years. […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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