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BTC136: The FED Pause & Q2 Current Events w/ Luke Gromen (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
The Impact of Shale on Oil Prices and Global Production Growth
Shale rolling over is a big deal for oil prices and the oil industry./nPeople looking at historical data may expect a drop in oil prices due to recession, but the speaker disagrees./nThe geology of shale and what has transpired over the last 10 years are not being considered by most economists and the bond market./nGurring and Rosenzweg's report highlights that six counties in West Texas and the Permian are responsible for 100% of global production growth./nUS shale accounts for 90% of global production growth over the last 10 years./nShale is declining everywhere except in the Permian region.
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