Gail Tverberg: This Is The Beginning Of The End For Oil Production
With the recent collapse in the price of oil, Gail Tverberg, returns to discuss the likely impact on the US shale oil industry, as well as the global market for oil.
The Dangerous Economics of Shale Oil
For years, we've been warning here at PeakProsperity.com that the economics of the US 'shale revolution' were suspect. Namely, that they've only been made possible by the new era of
The Shocking Data Proving Shale Oil Is Massively Over-hyped
Hooray, oil is suddenly much cheaper than it used to be. That's great news, right? Not so fast. For certain it's not good news for those counting on a continued
Oil And The Global Slowdown
The world economy is slowing down and the authorities are fretting. Japan, Italy, Greece and Austria are all in recession. China is slowing down according to their official statistics, and
About that Shale Oil ‘Miracle’…
It's been said that humans are rationalizing — not 'rational' — animals. The deep truth in that statement is that we humans have strongly-held beliefs that color the information we take in