11 Comments on "US Collapse from Shale Oil"

Makati1 on Sat, 12th Sep 2015 9:28 am 



Good! The sooner the better!

Kenz300 on Sat, 12th Sep 2015 10:33 am 



High cost shale producers shut down and go broke…… Iran will be coming back to the market adding to supply…….. It all balances out…..

Electric vehicles and bicycles are the future……

Protect you wealth…. buy an electric vehicle and a bicycle

BobInget on Sat, 12th Sep 2015 1:00 pm 



So, I’m overjoyed to hear we won’t be needing any more of that filthy oil.

Time to call our troops stationed in 125 countries, tell them to come home anyway they can. (it takes time to build sailing vessels not using power tools)

Better tell folks in Japan to stop making Hondas, Nissans and Toyotas’

Germans, deport all those Syrian oil war refugees. No one needs VW’s much less Mercedes or BMWs.

You people in Venezuela. (there’s TP at Alfredo’s mercado)

Greeks, you won’t notice any change.

Calling all railroads. Try to get your load to the nearest dump. Amazon won’t be able to deliver the junk anyway.

Airlines: “All aircraft, land at once. Oil is too cheap to suck out of the earth. Oh dear, what will we do? Does anyone have any ideas how we raise oil prices before we all frigging starve? No tractors, combines, trucks, refrigeration…Oh Dear, Oh Dear…

Folks heating with oil. Either pile blankets onto a wagon and move to Florida, or freeze.

Plastics are killing our fish and sea birds, good riddance to plastic AND paper.

Shale is crashing, look out below!

Send me a PM, then, Pay Pal me $100 and I’ll
send you my book on how you can make a bicycle out of used rattan furniture. Tires out of old tires.

BobInget on Sat, 12th Sep 2015 2:15 pm 



http://www.chicagotribune.com/news/sns-wp-blm-news-bc-norway12-20150912-story.html

Boat on Sat, 12th Sep 2015 2:27 pm 



Mak,
If the US did collaspe, wouldn’t that hurt your buddies the Chinese as their largest trading partner? You going anti Chinese now?

apneaman on Sat, 12th Sep 2015 6:04 pm 



Believe it or not – correcting a whole bunch of misinformation about oil

https://www.reddit.com/r/collapse/comments/3kor5s/believe_it_or_not_correcting_a_whole_bunch_of/

rockman on Sat, 12th Sep 2015 8:08 pm 



The US consumers will continue consuming as much oil as they can afford. The only unknown is who they’ll making checks out to: US companies, mineral owners and the IRS or some foreign entities.

Boat on Sat, 12th Sep 2015 9:10 pm 



Rock,
Are not highest percentage of oil operations in the US already owned by foreign countries?

Makati1 on Sat, 12th Sep 2015 10:38 pm 



Boat, when the economic/financial ship goes down, it will level the whole world. It depends on how far some countries have to sink to reach that level. I think the Chinese and the Filipinos have only a short fall, whereas, the US is going over a very high cliff.

Davy on Sun, 13th Sep 2015 5:41 am 



Population densities tell a different story as does agricultural self-sufficiency. China 365, Philippines 330, US 84. The US imports only specialty items that are not requirements for food security. China and Philippines are net importers and increasing food insecure especially as population increases and development and pollution destroy top agricultural land. Population densities and food security are the key to how great the fall will be in a crash. Asia is in the worst possible position with widespread overpopulation and food insecurity.

What Did the Study Find? China’s 2001 accession to the World Trade Organization lowered barriers to agricultural imports, and its economic growth has generated new demands for agricultural commodities. An agricultural trading relationship of mutual importance is developing between the United States and China. The United States accounted for over 24 percent of the value of China’s agricultural imports during 2012-13, a larger share than any other country. U.S. agricultural sales to China doubled from 2008 to 2012, reaching nearly $26 billion in annual sales. China has overtaken Japan, Mexico, and Canada to become the leading export market for U.S. agricultural products. China’s agricultural imports reflect its relative scarcity of land resources, and its most prominent imports are oilseeds, oils, and cotton—products that have high land requirements per unit of output. China has become a net importer of grain, but its grain imports are still modest in comparison with its oilseed imports. China has also swung from net exporter to net importer of corn and is importing large volumes of distillers’ dried grains, a byproduct of corn-based ethanol production. While demand for animal feeds is an important factor in China’s agricultural import growth, imports of meat and dairy products have also surged as rising costs of feed and forage, as well as other constraints, limit the growth of domestic livestock output.

During 2012-13, the United States accounted for over 24 percent of China’s agricultural imports by value and was the leading supplier of its oilseeds, cotton, meat, cereal grains, cattle hides, distillers’ dried grains (mainly used for animal feed), and hay (table 2). The United States accounted for 36 percent of China’s oilseed imports, 42 percent of its grain imports, 30 percent of its cotton imports, and 25 percent of its meat imports. Soybeans comprise nearly all of U.S. oilseed exports to China,

The U.S. continues to be the Philippines’ number one supplier of agricultural products, and the Philippines ranks as the U.S. 9th largest market in the world, and the 2ndlargest in Southeast Asia after Indonesia. In 2014, export sales increased 9% to a record US$2.7 billion. Despite congestion at the port of Manila and other distribution challenges, sales were up 15% from January to October 2014. The top ten U.S. exports by value in 2014 were wheat, soybean meal, dairy products, pork and pork products, poultry meat and products (ex. eggs), prepared food, sugar, sweeteners & beverage bases, processed vegetables, food flavorings and fresh fruit.

Kenz300 on Sun, 13th Sep 2015 11:04 am 



Crazy people say crazy things……..

Hoping to make money selling doom…..

A niche market but a market none the less.