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Friday, August 25, 2017

Why The Shale Oil "Miracle" Is Becoming A "Debacle"

Why The Shale Oil

The central point of this report is that the US is deluding itself when it comes to energy abundance (generally) and oil (specifically).

The bottom line is this: The US shale industry resembles a fraudulent Ponzi scheme much more so than it does any kind of "miracle".

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from Peak Prosperity http://ift.tt/2wwuMcj