Germany’s “Silent Catastrophe” …330,000 Households See Power Turned Off In One Year

1) Germany’s “Silent Catastrophe” …330,000 Households See Power Turned Off In One Year NoTricks Zone, 3 March 2017 The DPA German press agency reported on the rapidly spreading energy poverty now engulfing the country. The main driver is Germany’s skyrocketing electricity prices – primarily due to the legally mandatory feeding-in of wind and solar power. Currently regular household…

Shale Boom 2.0: OPEC Underestimated U.S. Frackers

1) Shale Boom 2.0: OPEC Underestimated U.S. Frackers Bloomberg, 26 February 2017 The current boom in U.S. oil production is even stronger now than the run from July 2011 to April 2015. And this is with oil prices at half their previous level and before President Donald Trump has done anything to meet his pledge to…