3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC136: The FED Pause & Q2 Current Events w/ Luke Gromen (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Latency of Energy Demand

The decline rate of legacy production in the US shale basins has gone from 5.8% last August to 6.4% per month this year. The annual rate of decline of shale, if you stop all production today would be probably 20, 25, maybe 30%. You're looking at an energy situation where unless oil rises a lot, which again, turn around headline inflation and everything that is in the market today.

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