Unfortunately, there is no way that the U.S. economy will ever return back to the level it was at the end of 2019. Furthermore, I believe that the United States reached the ultimate peak of unconventional shale oil production.This is terrible news for the U.S. government policy of “U.S. Energy Independence.” With the oil price trading at $20, and soon to reach the single digits, shale oil companies are being destroyed day in and day out.
With the destruction of the U.S. Shale Industry now taking place right in front of our eyes, the collapse of the U.S. Financial Ponzi Scheme has begun.
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