Shale oil is a ponzi scheme
So, without the Great U.S. Shale Oil Ponzi Scheme, the country’s domestic oil supply would have still remained virtually flat, even though production increased in the Gulf of Mexico. Why? Well, due to old fashion depletion, combined oil production from California and Alaska declined more than 0.4 mbd or 400,000 barrels per day since 2007. Shale oil is unique in the way it is produced because it yields a very front-loaded result. Shale producers get 50% or more their oil in the first year that a well is in service. The companies Hence, shale oil is NOT a Ponzi scheme at $75 per barrel. What the market is not discussing is what shale oil has produced a glut of. I would be very wary of companies that use “barrels of oil equivalent” (boe) in their marketing material. I’ve been talking about the boe scam for years. Gavin Wendt, founding director & senior resource analyst at MineLife, criticizes shale oil for being financed by cheap Fed money and brokers pumping in cash. Shale gas is a Ponzi scheme: Analyst.
The shale bubble proponents essentially are betting on the EIA low production scenario. They will be proven right if shale oil production does peak in the next year or two. We shall soon see. "The history of the industry is that we are always running out," says Budzik.
10 Mar 2020 Currently, companies that produce oil from shale also produce enough natural gas to nearly rival Appalachian gas production. This associated Here, I intend to use empirical hard data to demonstrate shale oil as a Ponzi scheme is a pure fallacy which can potentially blind investors from seeing opportunities in shale. One analyst told CNBC that he doubted the very foundation of the U.S. shale oil industry which he said had been founded and expanded on cheap money and had effectively been a "Ponzi scheme" – an The main reason I characterize shale oil production as a Ponzi scheme is because of the fast decay of shale oil wells as compared to virtually all other oil production. One chart is enough to give The Shale Oil Ponzi Scheme Exposed 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. Whatever shale oil & gas is, it is not a Ponzi scheme. A Ponzi scheme is where the money of new investors is not invested, but is used to pay older investors. In shale all the money going in is being spent on getting oil or gas out of the shale. Calling it a Ponzi scheme is incredibly misguided. The main reason I characterize shale oil production as a Ponzi scheme is because of the fast decay of shale oil wells as compared to virtually all other oil production.
Shale Oil Is a Ponzi Scheme Because of Its Unique Production Processes. May 28, 2015 - Uploaded by TheStreet: Investing Strategies. x. YouTube Video.
Here, I intend to use empirical hard data to demonstrate shale oil as a Ponzi scheme is a pure fallacy which can potentially blind investors from seeing opportunities in shale. One analyst told CNBC that he doubted the very foundation of the U.S. shale oil industry which he said had been founded and expanded on cheap money and had effectively been a "Ponzi scheme" – an The main reason I characterize shale oil production as a Ponzi scheme is because of the fast decay of shale oil wells as compared to virtually all other oil production. One chart is enough to give The Shale Oil Ponzi Scheme Exposed 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. Whatever shale oil & gas is, it is not a Ponzi scheme. A Ponzi scheme is where the money of new investors is not invested, but is used to pay older investors. In shale all the money going in is being spent on getting oil or gas out of the shale. Calling it a Ponzi scheme is incredibly misguided. The main reason I characterize shale oil production as a Ponzi scheme is because of the fast decay of shale oil wells as compared to virtually all other oil production.
(For this reason some analysts refer to shale oil development as a Ponzi scheme.) With rig counts dropping; capital expenditures likely to be cut in the face of low prices; and more and more of that budget being used simply to replace existing production, it’s possible that the death spiral long anticipated by the industry’s critics has
29 Sep 2016 After years of early hype, shale gas companies appear to have lost hope of his message to the oil men was unambiguous: the US shale revolution is a on this ponzi scheme enough investors have been ripped off already ! 10 Mar 2020 Currently, companies that produce oil from shale also produce enough natural gas to nearly rival Appalachian gas production. This associated Here, I intend to use empirical hard data to demonstrate shale oil as a Ponzi scheme is a pure fallacy which can potentially blind investors from seeing opportunities in shale. One analyst told CNBC that he doubted the very foundation of the U.S. shale oil industry which he said had been founded and expanded on cheap money and had effectively been a "Ponzi scheme" – an The main reason I characterize shale oil production as a Ponzi scheme is because of the fast decay of shale oil wells as compared to virtually all other oil production. One chart is enough to give The Shale Oil Ponzi Scheme Exposed 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.
Hence, shale oil is NOT a Ponzi scheme at $75 per barrel. What the market is not discussing is what shale oil has produced a glut of. I would be very wary of companies that use “barrels of oil equivalent” (boe) in their marketing material. I’ve been talking about the boe scam for years.
Here, I intend to use empirical hard data to demonstrate shale oil as a Ponzi scheme is a pure fallacy which can potentially blind investors from seeing opportunities in shale. One analyst told CNBC that he doubted the very foundation of the U.S. shale oil industry which he said had been founded and expanded on cheap money and had effectively been a "Ponzi scheme" – an The main reason I characterize shale oil production as a Ponzi scheme is because of the fast decay of shale oil wells as compared to virtually all other oil production. One chart is enough to give The Shale Oil Ponzi Scheme Exposed 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.
26 May 2016 Oil prices are rallying on the back of a drawdown in U.S. crude oil inventories but analysts are questioning whether the country's shale oil 11 Aug 2019 Some have called shale oil a Ponzi scheme. In a Ponzi scheme the books of the Ponzi operator are kept hidden from the investors so as to Shale Oil Is Not A Ponzi Scheme: Evidence From Decline seekingalpha.com/article/4210065-shale-oil-is-not-ponzi-scheme-evidence-from-decline-curves