Peak Oil continued

You have heard the phrase, "pouring money down a rat hole." That's what shale oil drilling is.... keep reading

They cannot be deployed fast enough to replace depleting energy reserves.... keep reading

If it does, how long will it stay there?... keep reading

As the oil price falls, shale oil producers must keep selling. They are trapped.... keep reading

The answer will affect demand for oil.... keep reading

Is Saudi Arabia crazy for not cutting production?... keep reading

Keynesianism makes people stupid.... keep reading

The key factor at the margin is shale oil.... keep reading

The Federal Reserve has persuaded us to tap into these reserves.... keep reading

This is not well understood.... keep reading

Take advantage of it while you can.... keep reading

The FED giveth, and the FED taketh away. Poof.... keep reading

It has to do with production at the margin.... keep reading

This figure was recently mentioned by one oil expert.... keep reading

Basic economic forces are at work. They are moving the West to greater dependence.... keep reading

This is a good introduction.... keep reading