Shale oil and gas industry is a ponzi scheme facing collapse

May 5th, 2015
by Dylan Murphy The mainstream media keeps churning out good news stories about the booming shale oil and gas industry in the United States. Apparently, the fracking industry is going to lead to America becoming the next Saudi Arabia with a hundred… more »
Tags: shale oil

Saudi America and the State of Denial

December 3rd, 2013
Michael Collins The U.S. will surpass Russia and Saudi Arabia as the world’s top oil producer by 2015, and be close to energy self-sufficiency in the next two decades, amid booming output from shale formations, the IEA said. Bloomberg Nov 12 Well, I… more »
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Voices

  • Prequel Part 1, Conclusion Part 3 Tracy Turner In the early 21st century, global power structures are increasingly dominated by a lethal combination of greed, militarism, and deep-seated spiritual bankruptcy. The world is divided between those who wield…
  • Tracy Turner Hollywood and Broadway rule the World. All "meaningful" and "important work" in the World is "juiced" in the vegetable juice extractors of Hollywood and Broadway and secondarily through Rome. Gays, Lesbians, Blacks, and Women, by Holy…
  • Frankenfood Laced With Chain Molecule Toxins - Ultra-Cheap to Them, Expensive For You Chris Spencer Biotech companies Bayer, Syngenta, BASF, and Corteva argue that GMOs will help solve world food insecurity and climate change. Their claims of…
  • Paul Craig Roberts Where there is no vision the people are lost. The latest report is that Israel has carried out 480 air strikes on territory of the former Syria and Israeli troops are moving deeper into the country. Netanyahu claims credit for Syria’s…
  • AI Authoritarianism: The Faceless, Bodiless Enemy Within Chris Spencer Is it open season for CEOs? Or did the wrong culprit get shot? CEOs and Doctors don't deny us medical care; bots, robots, and network AIs decide who lives and dies. Luigi Mangione…
  • By: Sufyan bin Uzayr In November, Georgian Prime Minister Irakli Kobakhidze announced the ruling Georgian Dream Party’s decision to pause all accession talks with the European Union until 2028. This led to widespread public outcry in the small Caucasian…
  • Cathy Smith Mining for lithium in the Salton Sea: a double-edged sword. As the demand for clean energy rises, the push to extract Lithium brings new risks - ntroducing radium and uranium pollution to an already toxic landscape. The environmental cost of…
  • by Ellen Brown The U.S. national debt just passed $36 trillion, only four months after it passed $35 trillion and up $2 trillion for the year. Third quarter data is not yet available, but interest payments as a percent of tax receipts rose to 37.8% in…
  • By Cathy Smith Opednews.com resembles Goerge Orwell's Animal Farm In this time of manipulated truths, sites like OpEdNews.com have cropped up as alternatives to the corporate-controlled mainstream media. Initially, these sites posed as havens for…
  • Mahboob A. Khawaja, PhD. “The Horror, The Horror” The Making of Genocide on Screen Is PM Netanyahu an egomaniac leader to Israelis? Most would question his delusional hold on power and demand his resignation but agree, he made Gaza inhabitable and…
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