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Is An Oil Price Spike The Next Blow To The Economy? – Investment Watch

Is An Oil Price Spike The Next Blow To The Economy? – Investment Watch
investmentwatchblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentwatchblog.com Daily Mail and Mail on Sunday newspapers.

Adam Taggart , Art Berman , பண்படாமனித இயல்பு குறிச்சொல் , கலை பெர்மன் ,

Forecast 2021 — Chinese Fire Drills With a Side of French Fries (Jacobin-style) and Russian Dressing

Forecast 2021 Chinese Fire Drills with a side of French Fries (Jacobin-style) and Russian Dressing
As I write, the presidential election is still not resolved, with dramatic events potentially unfolding in the first days of the New Year. I’m not convinced that Mr. Trump is in as weak a position as the news media has made him out to be in these post-election months of political fog and noise. The January 6 meet-up of the Senate and House to confirm the electoral college votes may yet propel matters into a constitutional
Lost World of political monsterdom. The tension is building. This week’s public demonstration by one Jovan Hutton Pulitzer of the easy real-time hackability of Dominion Voting Systems sure threw the Georgia lawmakers for a loop, and that demo may send reverberations into next Wednesday’s DC showdown. ....

New York , United States , University Of California Santa Cruz , Brandon Van Grack , Trayvon Martin , Michael Brown , Nancy Pelosi , George Floyd , Joe Biden , Gavin Newsom , Jovan Hutton Pulitzer , Tim Morgan , Nafeez Ahmed , Christopher Steele , Stacy Abrams , Dick Cheney , Aaron Zebly , John Durham , Gail Tverberg , Gina Haspel , Stefan Halper , George Soros , Bitcoin Hodlers , Donald Trump , Josepf Mifsud , Anthony Fauci ,

How The Fracking Revolution Is Killing the U.S. Oil and Gas Industry

By Justin Mikulka, a freelance writer, audio and video producer living in Trumansburg, NY. Originally published at DeSmog Blog
After over a decade of the much-hyped U.S. fracking miracle, the U.S. oil and gas industry is having to deal with years of losses and falling asset values which has dealt the industry a serious financial blow. This is despite the fracking revolution delivering record oil and gas production for the past decade, peaking in 2019.
While the pandemic has hurt the industry, companies have also benefited from excessive bailouts from pandemic relief programs but these bailouts are a stop gap financial band-aid for the struggling industry. ....

United States , United Kingdom , New Mexico , North Dakota , Donald Trump , Mary Finley , Warren Buffett , Harold Hamm , Nick Cunningham , Aubrey Mcclendon , Nat Bullard Natbullard , Matt Gallagher , Lynn Helms , Barack Obama , Rex Tillerson , Phil Flynn , Duane Dickson , Clark Williams Derry , Christian Breyer Christianon , Justin Mikulka , Wood Mackenzie , Institute For Energy Economics , Price Futures Group , Chesapeake Energy , Energy Information , Whiting Petroleum ,

How The Fracking Revolution Is Killing the U.S. Oil and Gas Industry

Read time: 16 mins
By Justin Mikulka • Tuesday, December 22, 2020 - 07:26
After over a decade of the much-hyped U.S. fracking miracle, the U.S. oil and gas industry is having to deal with years of losses and falling asset values which has dealt the industry a serious financial blow. This is despite the fracking revolution delivering record oil and gas production for the past decade, peaking in 2019.
While the pandemic has hurt the industry, companies have also benefited from excessive bailouts from pandemic relief programs but these bailouts are a stop gap financial band-aid for the struggling industry.
The oil and gas industry has always required huge amounts of money to explore for and produce oil and gas but up until now the industry made returns on those investments ....

United States , United Kingdom , New Mexico , North Dakota , Donald Trump , Mary Finley , Warren Buffett , Harold Hamm , Nick Cunningham , Aubrey Mcclendon , Nat Bullard Natbullard , Matt Gallagher , Lynn Helms , Barack Obama , Rex Tillerson , Phil Flynn , Duane Dickson , Clark Williams Derry , Christian Breyer Christianon , Wood Mackenzie , Institute For Energy Economics , Price Futures Group , Chesapeake Energy , Energy Information , Whiting Petroleum , Parsley Energy ,