The shale oil ponzi scheme explained: how lousy shale economics will pull down the U.S. economy

[MindWars]

THE SHALE OIL PONZI SCHEME EXPLAINED: How Lousy Shale Economics Will Pull Down The U.S. Economy - SRSrocco Report
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 economics are in producing shale oil and gas is due to the misinformation and propaganda being put out by the industry and energy analysts.

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The gamble of whose right and whose wrong in time we will see, maybe not even that much time. But as the hatred for Trump grows among the Demo mental cases their despair in making him look as bad as they can could fuel an intentional collapse. Blame Trump is how they want it to look.

Meanwhile the threat of global collapse has been falling into place for decades the Past Presidential idiots just put a band aid over the wound faking the sheep out on how great the economy is or was..

 

[william the wie]

Where did you find those nut jobs? They are halfway right but for the wrong reasons. Mid stream (pipeline) companies are extending pipelines to only the lowest cost fields in order to bankrupt the companies that tried to screw them when oil prices went down the last time. Given the size of known reserves a lot of slicky boys left over from will see their fields sold for back taxes and the buyers will agree to pipeline maintenance fees being part of the field's deed even when oil hits $20-40/BBL