Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


Page added on December 17, 2019

Bookmark and Share

Monetizing US Shale Deposits

On today’s doubleheader episode of Double Down, Max Keiser and Stacy Herbert talk to Chris Cook about the 2020 energy outlook.

As  Saudi Arabia takes 1.5% of Saudi Aramco public, DOUBLE DOWN asks former energy market regulator, Chris Cook, whether or not this is the sign of peak oil. He says that, in fact, it is a sign of peak demand. There is an infinite amount of oil . . . at a price . . . but consumers cannot afford that price and alternatives are being found. Chris Cook expects that oil will never go much above $60 again for any length of time. Regarding the new QE which is not QE (‘Quantitative Easing’), he believes this is oil-related, the Fed is providing liquidity to monetize US shale reserves. Cook is saying that the US has essentially fixed the dollar against its shale reserves. Tune into Double Down to hear more on what Chris Cook has to say about his bold and radical predictions for energy markets in 2020.

We’d love to get your feedback at radio@sputniknews.com



172 Comments on "Monetizing US Shale Deposits"

  1. Davy on Thu, 19th Dec 2019 12:43 pm 

    “IMMIGRATIONGerman Green Party Urges Allowing 140 Million ‘Climate Refugees’ to Migrate to the West”
    https://tinyurl.com/yx6tazac summit

    “The Green Party in Germany is urging that up to 140 million “climate refugees” should be allowed to migrate to the west and given citizenship. Political leaders like Claudia Roth are claiming that island states in the Pacific could “completely disappear” and that entire population groups should be allowed to re-locate to the west as a result. “Citizenship in the receiving country can be an option,” for people existentially threatened by global warming, said Roth In their proposal, the party cites the World Bank’s estimate that there could be as many as 140 million “climate refugees” flooding into the west from Africa, South Asia, and South America by the year 2050.”

  2. above is supertard obv on Thu, 19th Dec 2019 1:12 pm 

    Davy on Thu, 19th Dec 2019 12:33 pm

  3. REAL Green on Thu, 19th Dec 2019 1:31 pm 

    We no Mitch McConnell is senile Davy. Everyone nose that.

  4. JuanP on Thu, 19th Dec 2019 1:33 pm 

    McConnell is the right man for the job.

    Go Trump!

  5. Not Davy on Thu, 19th Dec 2019 1:38 pm 

    Davy on Thu, 19th Dec 2019 12:43 pm

    I don’t have time to be scouring the internet searching for obscure anti-European and sinophobic links. I’m too busy running my REAL Green 500 acre goat and cow operation.

    stupid juanpee pee is a stupid juan pee pee pee

  6. Davy on Thu, 19th Dec 2019 2:03 pm 

    The entire senate is senile Green. These people were in there primes a half a century ago.

    So what?

  7. JuanP is stupid on Thu, 19th Dec 2019 2:31 pm 

    stupid, the US is not your country. You have no right to have an opinion on what is going on. Go back to your turd world South American and leave us alone, maggot

    This is from stupid:
    Davy said The entire senate is senile Green. These people we…

    Not Davy said Davy on Thu, 19th Dec 2019 12:43 pm I don’t…

    above is fwsmj obv said Supertard messenger of Allah and muzzie lover Muha…

    above is supertard obv said Davy on Thu, 19th Dec 2019 12:10 pm Pbuh swt SAW S…

    JuanP said McConnell is the right man for the job. Go Trump!…

    REAL Green said We no Mitch McConnell is senile Davy. Everyone nos…

    above is supertard obv said Davy on Thu, 19th Dec 2019 12:33 pm

  8. Davy on Thu, 19th Dec 2019 2:38 pm 

    “Turkey To Establish Military Base In Libya As Egypt Threatens Its Own Intervention”
    https://tinyurl.com/wthbtjd zero hedge

    “Turkey’s involvement in the ongoing Libyan war between Benghazi-based General Khalifa Haftar and the UN-recognized Tripoli GNA government is set to grow. Following a recent military agreement between Turkey and Tripoli, and as Haftar’s forces threaten attack on any Turkish plane or ship, it’s expected the Turkish military will set up a base in the war-torn country. Middle East Monitor reports of the latest developments: Turkey is set to establish a military base in Libya, according to Turkish media reports earlier this week, as President Recep Tayyip weighs up the possibility of intervention in the country’s civil war. Yeni Shafak reported on Monday that the Foreign Affairs Committee of the Turkish parliament had approved a recent agreement between Turkey and Libya on military cooperation. It also includes provisions for launching a “quick reaction force” if requested by the Libyan government. But crucially, neighboring Egypt, which has long backed east Libyan strongman Haftar, has condemned the Turkey-Tripoli GNA deal as “illegitimate” and has even signaled its own military intervention could come. On Tuesday, Egyptian President Abdel Fattah el-Sisi warned in the wake of the Turkey-Libya agreement, “We will not allow anyone to control Libya… it is a matter of Egyptian national security.”

  9. Davy on Thu, 19th Dec 2019 2:41 pm 

    Humans start losing there facultys in there mid to late 30s Green. Most of us are partly senile when we git to 50.

  10. Davy on Thu, 19th Dec 2019 2:52 pm 

    “This Is A Very Dark Day In American History”
    https://tinyurl.com/wec7wot zero hedge

    “it has gotten to the point where nobody can no longer deny that America is at war with itself.”

    “I am greatly saddened by what I believe is coming, because our nation is going to be ripped to shreds.”

    “America is in the process of being torn in pieces, and 2020 promises to be a very, very dark year for our nation.”

    CW2 here we come! Go Trump!

  11. JuanP is stupid on Thu, 19th Dec 2019 3:04 pm 

    At least stupid is showing an effort to be smart with his ID theft

    This is from stupid:
    Davy said “This Is A Very Dark Day In American History” http…

    Davy said Humans start losing there facultys in there mid to…

  12. Cloggie on Thu, 19th Dec 2019 3:51 pm 

    Even the closest ally begins to write off the hegemon:

    https://www.independent.co.uk/independentpremium/long-reads/obama-trump-reagan-carter-nato-exceptionalism-us-a9184746.html

    “Twilight’s last gleaming: Can Americans learn to accept the notion of post-exceptionalism?”

  13. Cloggie on Thu, 19th Dec 2019 3:58 pm 

    Haftar reportedly encircled Tripolis:

    https://www.almasdarnews.com/article/haftar-led-libyan-army-allegedly-cordons-off-tripoli-after-new-advance/

    “Haftar-led Libyan Army allegedly cordons off Tripoli after new advance”

    Haftar is backed by France, Russia and Egypt.
    Turkey and the UN support Tripolis.

  14. Cloggie on Thu, 19th Dec 2019 4:07 pm 

    Putin to the rescue of Trump:

    https://www.theguardian.com/world/2019/dec/19/trump-impeachment-charges-absolutely-made-up-says-putin

    “Trump impeachment charges ‘absolutely made up’, says Putin”

  15. Cloggie on Thu, 19th Dec 2019 4:28 pm 

    Looney left at it again:

    https://www.infowars.com/what-planet-is-she-on-pelosi-calls-impeachment-bipartisan/

    “WHAT PLANET IS SHE ON? PELOSI CALLS IMPEACHMENT “BIPARTISAN””

    https://www.dailymail.co.uk/news/article-7810925/Man-tore-burned-LGBTQ-flag-flying-Iowa-church-jailed.html

    “Man, 30, who tore down and burned an LGBTQ flag at an Iowa church is jailed for more than 15 years”

    The arsonist has as a first name “Adolpho”, not very helpful.

    The country is getting insane.

  16. makati1 on Thu, 19th Dec 2019 4:52 pm 

    Hmm. “Humans start losing there facultys in there mid to late 30s Green. Most of us are partly senile when we git to 50.”

    Aside from the spelling and grammar errors, the statements is false. Human males stop growing and start to age in their mid 20s, but mentally can still be sharp into their 80s and more.

    Mikhail Gorbachev (88)
    Ruth Bader Ginsburg (86)
    Rupert Murdoch (88)
    John Williams (87)
    Colin Powell (82)
    Desmond Tutu (88)
    Salman bin Abdulaziz Al Saud (83)
    Francis Ford Coppola (80)
    Ted Turner (81)
    Joseph Estrada (82)
    Ali Hosseini Khamenei (80)
    Warren Buffett (89)
    George Soros (89)
    Sheldon Adelson (86)
    AND ON AND ON…

    https://www.onthisday.com/people/age-group/80-89

    Some of these “senile” people are ruling the world today. Do you recognize any?

  17. REAL Green on Thu, 19th Dec 2019 5:13 pm 

    “Can Americans learn to accept the notion of post-exceptionalism”

    We all know China is going to be the next world super power. We just didn’t know it was going to happen this fast. When the US balkanizes in 2020 China is going to take over. 2020 is less than a month away.

    Go Trump!

  18. full woke supremacist muzzie jerk special reporting on Thu, 19th Dec 2019 5:47 pm 

    On This Day…
    Dec 19, 2016: Ankara, Turkey
    The Russian ambassador is assassinated at an art exhibit: 1 Killed

    back when i ignored this news due to muzzie love reporting. it turns out this is muzzie jihad. ht supertard glenn roberts

    this happened right after 12 people in germany murdered by muzzies.

    imagine there’s no muzzies
    imagine if you can
    all muzzies into muzzie anti rape machine

    this is muzzie killing during (((supremetard)))bday

  19. makati1 is stupid on Thu, 19th Dec 2019 6:08 pm 

    “Aside from the spelling and grammar errors, the statements is false. Human males stop growing and start to age in their mid 20s, but mentally can still be sharp into their 80s and more.”

    aside from you being stupid that comment is your little friend juanPee.

  20. JuanP is stupid on Thu, 19th Dec 2019 6:11 pm 

    this is from makati1’s stupid friend:

    this is from stupid:
    full woke supremacist muzzie jerk special reporting said On This Day… Dec 19, 2016: Ankara, Turkey Th…

    REAL Green said “Can Americans learn to accept the notion of…

  21. Duncan Idaho on Thu, 19th Dec 2019 6:18 pm 

    Merrick Garland is McConnell nightmare.
    Pelosi can taunt him as long as she wants.
    The Fat Boy’s mental health is going to down even more.

  22. JuanP on Thu, 19th Dec 2019 6:22 pm 

    Its unconstitutional for Pelosi to delay Senate trial on impeachment. She is a swamp mistress who will pay with her political life.

  23. JuanP on Thu, 19th Dec 2019 6:37 pm 

    Mark Taylor, author of the popular book called “The Trump Prophecies,” predicted Donald Trump would become the 45th President of the United States long before anyone else. Taylor has also predicted that Barack Obama would be “ripped and stripped” of the Presidency. Yes, that can still happen even though he is no longer in office. How could that happen? Look no further than the Trump/Russia collusion hoax and orders to spy on everything Trump coming from President Obama in his last year in office. Taylor reads President Trump’s December 15th tweet and says, “As bad as the IG Report is for the FBI and others, and it is really bad, remember that I.G. Horowitz was appointed by Obama. There was tremendous bias and guilt exposed, so obvious, but Horowitz couldn’t get himself to say it. Big credibility loss. Obama knew everything!”

  24. Davy on Thu, 19th Dec 2019 6:58 pm 

    Good find Juan. Did you no Trumps Presidency was also predicated on The Simpson’s and that Trump was featured on Wrestlemania and that Trump also had his own TV reality show? And that Hollywood is controlled by The Jews?

    Bet you didn’t.

    Bye bye America

    Go Trump!

  25. Duncan Idaho on Thu, 19th Dec 2019 7:05 pm 

    Its unconstitutional for Pelosi to delay Senate trial on impeachment.

    Really?
    Come now, lets torture the Fat Boy a bit.
    The Repugs are moral free sociopaths.
    Let the Dims have some fun.

  26. Davy on Thu, 19th Dec 2019 7:08 pm 

    JuanP is ReAL Stupid sometimes Idaho. But only when he’s me.

  27. JuanP is stupid on Thu, 19th Dec 2019 7:24 pm 

    “JuanP is ReAL Stupid sometimes Idaho. But only when he’s me.”

    that is encryption for I am stupid

  28. JuanP on Thu, 19th Dec 2019 7:25 pm 

    Duncan you and your liberal friends don’t give a shit about the constitution. What you care about is getting Trump.

  29. makati1 on Thu, 19th Dec 2019 7:35 pm 

    Trump is going to be reelected, or the US is toast. Just look at the competition! LOL

  30. I AM THE MOB on Thu, 19th Dec 2019 7:36 pm 

    People who are anti-black, or anti-brown, anti-yellow or anti-white have nothing to contribute and should just shut the fuck up and do what they are told.

    I’d much rather we divide ourselves along lines of competence and intelligence.

  31. makati1 on Thu, 19th Dec 2019 7:38 pm 

    Davy, I did not mention your name in my reply. If you saw yourself in the mirror, too bad. It was typical Davy goatshit, no matter who penned it.

  32. full woke supremacist muzzies jerk on Thu, 19th Dec 2019 7:52 pm 

    muzzie in NJ threatens to kill darkies, whiteys and christians.
    this threat can be taken care of easily if the global trial of muzzies on genocide convict.
    then with a bit of training, the population is clear of conscience to eliminate muzzies.
    a threat, not just any threat but one that has 1400 years of history behind it justifies disabling the threat

  33. full woke supremacist muzzies jerk on Thu, 19th Dec 2019 7:57 pm 

    sorry ignore above message, too extreme

    what about this one. muzzie Kevin Iman McCormick in CT went to gun range to practice and declare jihad.

    nah, above message is not extreme, keep dreaming. all muzzies must be amputated

  34. Davy on Thu, 19th Dec 2019 8:02 pm 

    “Duncan you and your liberal friends don’t give a shit about the constitution. What you care about is getting Trump.”

    I agree with JuanP. We need a violent and bloody revolution in this stupid country.

    Go Trump!

  35. I AM THE MOB on Thu, 19th Dec 2019 8:08 pm 

    ‘Oil crunch could occur in 2025 with dire economic consequences’

    -Oil & Gas Science and Technology (Hacquard, 2019)

    https://ogst.ifpenergiesnouvelles.fr/articles/ogst/full_html/2019/01/ogst190315/ogst190315.html

    Hey clogg want a brand new peak oil paper authored in Europe?

    Be-careful what you wish for in life. LOL

  36. Davy on Thu, 19th Dec 2019 8:15 pm 

    The more blind lying liberal scum get killed. The better. I don’t give a shit if there half the entire US population.

    Go Trump!

  37. I AM THE MOB on Thu, 19th Dec 2019 8:33 pm 

    Is the oil industry able to support a world that consumes 105 million barrels of oil per day in 2025? -Oil & Gas Science and Technology (Hacquard, 2019)

    “One of the most renowned institutions in energy modelling is the International Energy Agency (IEA) founded by the Organization for Economic Co-operation and Development (OECD) in 1974 in reaction to the first oil shock and the Middle East Crisis.”

    “IEA models then sweep away the eventuality of a peak in demand by 2025 and foresee a sustained increase even in a context of moderate economic growth. On the supply side, it can be observed that by 2025, the natural decline rate of already producing fields leads to an estimated 34 mb/d of new output needed to meet the demand. This number reaches 54 mb/d if the required investments to maintain current facilities are not sanctioned (Fig. 1). This corresponds to an estimated 5.5–9 mb/d to be replaced every year and it represents the equivalent of 3–4 times the output from Saudi Arabia, in just 6 years.”

    Thus, for the first time ever since its first publication, the IEA clearly states the fortuity of a supply crunch by 2025: “The risk of a supply crunch looms largest in oil. The average level of new conventional crude projects approvals over the last three years is only half the amount necessary to balance the market out to 2025, given the demand outlook in the New Policies Scenario. US tight oil is unlikely to pick up the slack on its own. Our projections already incorporate a doubling in US tight oil from today to 2025, but it would need more than triple to offset a continued absence of new conventional projects” (IEA, 2018).

    https://ogst.ifpenergiesnouvelles.fr/articles/ogst/full_html/2019/01/ogst190315/ogst190315.html

  38. Davy on Thu, 19th Dec 2019 8:42 pm 

    Ok makato. I see the error of my weighs. People that run around calling everyone else stupid. Are always the most stupidest ones.

  39. above not supertard dunning kroger effect obv on Thu, 19th Dec 2019 8:45 pm 

    Davy on Thu, 19th Dec 2019 8:42 pm

  40. Cloggie on Thu, 19th Dec 2019 10:39 pm 

    Oil crunch could occur in 2025 with dire economic consequences’
    -Oil & Gas Science and Technology (Hacquard, 2019)
    https://ogst.ifpenergiesnouvelles.fr/articles/ogst/full_html/2019/01/ogst190315/ogst190315.html
    Hey clogg want a brand new peak oil paper authored in Europe?
    Be-careful what you wish for in life. LOL

    I would love to see an oil crunch in 2025, down from 105 bpd! Extremely good for the European renewable energy industry = geopolitical power.

    I care more about white survival than the next ‘black Friday’. Less flying, less driving would mean less globalization.

  41. Cloggie on Thu, 19th Dec 2019 10:44 pm 

    “Lahti to become carbon-neutral by 2025”

    https://www.lahti.fi/en/latest-updates/news/lahti-aims-to-become-carbon-neutral-by-2025

    Lahti is ca. 225k

    #LeaveItToEurope

  42. Cloggie on Thu, 19th Dec 2019 10:56 pm 

    None of these losers can defeat Trump:

    https://www.spiegel.de/politik/ausland/scharfe-kritik-bei-tv-debatte-der-us-demokraten-sieben-gegen-trump-a-1302214.html

    Yesterday, even the US c*ck-sucking Dutch media questioned the wisdom of the impeachment circus as it plays in the hands of Trump.

    Dutch guy defects from Dems to Reps.lol

    https://www.spiegel.de/politik/ausland/usa-demokratischer-abgeordneter-jeff-van-drew-wechselt-zu-republikanern-a-1302208.html

    Also on Dutch news, pictures from a gun shop in “Middle America”. These folks did not use the words “cw2”, but that major conflict was brewing in the US, THAT much was explicitly said.

    Academics from the UC San Diego DO explicitly refer to CW2:

    https://youtu.be/GUYUpXthaFw

  43. this is JuanP stupid on Thu, 19th Dec 2019 11:13 pm 

    Cloggie on Thu, 19th Dec 2019 10:56 pm

    None of these losers can defeat Trump:

    https://www.spiegel.de/politik/ausland/scharfe-kritik-bei-tv-debatte-der-us-demokraten-sieben-gegen-trump-a-1302214.html

    Yeste

  44. JuanP is stupid and i’m REAL smart on Fri, 20th Dec 2019 12:27 am 

    That why I spend all my time arguing with people I don’t no on lame unmoderated forums. It’s what ReAl smart people like me do.

  45. this dumbass JuanP triggered on Fri, 20th Dec 2019 1:13 am 

    JuanP is stupid and i’m REAL smart on Fri, 20th Dec 2019 12:27 am
    Dead from neck up

  46. Cloggie on Fri, 20th Dec 2019 1:50 am 

    “Ukraine, China & 2024 retirement plans: Key takeaways from Putin’s 15th annual press chat”

    https://www.rt.com/news/476437-putin-press-conference-2024/

    Asked about China, the president made it clear that Russia doesn’t have a military alliance with Beijing and isn’t planning to start one. He says Moscow is helping the Chinese with defensive military upgrades in the spirit of partnership, not in the sense of NATO-style binding promises.

    Haha, Vlad the European! Vlad wants to be in Europe, not Asia… and he will achieve his Gaullist objective. Together with Russia we can escape from the Anglo-Zionist strangle-hold. Macron is ready, Merkel not so much, but she will be gone soon and the AfD is ready for Moscow and so is Salvini.

    Together we can put the Anglos in their place, the 2nd to be precise.

  47. Cloggie on Fri, 20th Dec 2019 2:09 am 

    “UK’s Boris Johnson promises MPs ‘new golden age’ after Brexit”

    https://www.dw.com/en/uks-boris-johnson-promises-mps-new-golden-age-after-brexit/a-49739550

    More British delusions of perpetuating past grandeur.

    Golden Ages are never the result of the announcements of some power hungry bully, but the result of decades of favorable circumstances, no individual can organize.

    Here you have 6 “Golden Ages” in a row:

    https://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2016/06/11/20160612_nothing.jpg

    Explanatory factors Golden Age:

    – be white
    – discover new lands (P, E, NL)
    – new religion (NL)
    – invent superior economic system (NL)
    – win a major war (NL-1648, UK-1815, US-1945)
    – discover a new source of energy (NL, UK, US)

    Does the UK have any chance along any of these point? Nope, zero, nada. It is all nostalgia, the dreams of an old man in a nursery home.

    Britain entered the EU as Europe’s sick man, but as an EU-member grew to its most prosperous situation ever (“Cool Brittania”). Sadly, under Blair they pissed their glorious world capital London away to the third world, sinning against the first principle of remaining a chance for a Golden Age: be white.

    It is unlikely that Europe will do the UK any favors and expect a no deal Brexit, unless Britain totally caves in. Bye-bye 40% of UK exports. Not much gold in that.

  48. makati1 is stupid on Fri, 20th Dec 2019 3:39 am 

    “Davy, I did not mention your name in my reply. If you saw yourself in the mirror, too bad. It was typical Davy goatshit, no matter who penned it.”

    trolling around with juanPee gets you caught up in trolling. go fuck yourself

  49. JuanP is stupid on Fri, 20th Dec 2019 3:41 am 

    another normal night of stupid

    this is from stupid:

    this dumbass JuanP triggered said JuanP is stupid and i’m REAL smart on Fri, 20th De…

    JuanP is stupid and i’m REAL smart said That why I spend all my time arguing with people I…

    this is JuanP stupid said Cloggie on Thu, 19th Dec 2019 10:56 pm None of th…

    above not supertard dunning kroger effect obv said Davy on Thu, 19th Dec 2019 8:42 pm

    Davy said Ok makato. I see the error of my weighs. People th…

    Davy said The more blind lying liberal scum get killed. The…

    Davy said “Duncan you and your liberal friends don’t give a…

    full woke supremacist muzzies jerk said sorry ignore above message, too extreme what about…

    full woke supremacist muzzies jerk said muzzie in NJ threatens to kill darkies, whiteys an…

  50. Davy on Fri, 20th Dec 2019 3:47 am 

    “Also on Dutch news, pictures from a gun shop in “Middle America”. These folks did not use the words “cw2”, but that major conflict was brewing in the US, THAT much was explicitly said.”

    nothing burger, cloggo, typical middle America people in a gun shop talk. It could have been 20 years ago and it would have fit. The CW2 is administrative and in DC. There might be some conflict here and there where the liberals try to take guns from the NRA types but that won’t be much different than a Bundy ranch incident which was isolated. It is unlikely we will see a CW2 like you want to see. Look around cloggo, Europe is in worse shape than the US with social conflict anyway. People in glass houses don’t throw shit around

Leave a Reply

Your email address will not be published. Required fields are marked *