US shale growth is collapsing.
Output growth is down 90% in just 3 years.
Every basin except the Permian has already peaked.
Now the Permian is showing the same warning signs.
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BREAKING: New York Buffalo International Airport has run out of jet fuel
Aircraft are being warned to divert to other airports and aircraft remain at departure ports.
Energy is making new all time highs.
After spending nearly three years going nowhere, $XLE broke out of a massive base.
This is what inflation looks like in the real world.
You can print money.
You can't print energy.
Own real things.
Investors are pulling capital out of energy funds at a rapid pace:
US energy sector ETFs have posted -$4.0 billion in outflows over the 65 trading days ending Monday, the largest such outflow since mid-2025.
This marks a sharp reversal from the record +$12.5 billion in inflows seen in March.
By comparison, the 2025 peak outflow was -$5.5 billion, while the 2023 record was -$7.5 billion.
Meanwhile, the energy sector ETF, $XLE, has posted -$797 million in outflows so far in August, putting it on track for the largest monthly withdrawal since April 2025.
That would also mark its 5th consecutive monthly outflow.
Investor appetite for energy exposure is fading rapidly.
$650,000 MISSING FROM PARTON’S IMAGINATION LIBRARY IN CA?
"So apparently, instead of just buying the books or sending this to state libraries across California, instead they they created a nonprofit organization. They gave Dolly's money, along with millions of state dollars, to this organization, and then what happens? Well, the money stops going to where it's supposed to go.” - @JenniferHorn@stinchfield1776
Westerners are willing to lose their culture, heritage, religion, and civilization to prove that they are tolerant of those invading them, and mounting them, their children, and their women. It is astonishing.
Eye-opening chart: despite spending almost $8 trillion globally on renewables since 1995, the percentage of renewables in total energy consumption has stayed flat
Had we spent a fraction of this on nuclear, the climate change issue would be resolved by now. Why don��t we do this?
Even the BBC is being forced to acknowledge the catastrophic consequences of Net Zero.
Oxford University economist explains why the UK has the most expensive industrial electricity prices in the developed world, and why that's so disastrous for the UK economy.
"With the drive towards renewables... we need twice the amount of capacity... twice the grid, and we need all the batteries and storage as well."
"If our industrial costs are four times higher than the United States... you're going to go to the United States and not here."
"We have to crack that problem. Otherwise, we're going to buy... all the stuff we're buying from countries like China. They're using coal. China burns half the world's coal."
"We don't solve our problems by simply closing down British industries."
Alphabet is going to be spending more than the capex of:
ExxonMobil, Chevron, BP, Shell, TotalEnergies, Equinor, Eni, Antero Resources, APA Corporation, ConocoPhillips, Expand Energy, Continental Resources, Coterra Energy, Devon Energy, EOG Resources, EQT Corporation, Diamondback Energy, Occidental Petroleum, Range Resources, Permian Resources, Imperial Oil, Cenovus Energy, Canadian Natural Resources, Ovintiv, Suncor Energy, Tourmaline Oil
COMBINED!
Let that sink in.
To be clear, "they" didn't tell us that shale peaked @cameron_doroi
The data was buried in this month's Short Term Energy Outlook waiting for a Pokemon Go player (me) to discover it, I guess.
Germans somehow believe that shutting down their nuclear power plants while keeping coal plants is good for the climate. Importing French nuclear power doesn’t bother them either.
Can you name anything more absurd than Germany’s energy approach?
Reminder that the Biden regime set up a hotline for unaccompanied migrant children to report safety issues with sponsors.
65,000 calls went UNANSWERED.
Only ONE person was assigned to answer calls.
Many kids went missing, died, or were used as s*x slaves.
IT’S CRIMINAL.
Things happening in Britain now.
▪️House of Lords agreed on a law to require age verification to be allowed to use VPNs. This means ID or face scanning.
▪️The government gave the green light to 15 minute cities. In Oxford they will divide the cities into six zones and drivers will need to apply for a permit to get a ration of 100 free day passes between the zones.
▪️Over 12.000 people are arrested for social media posts every year.
Sounds tyrannical.