©2016 Bloomberg View O1KYSL6JTSE9 (Bloomberg View) — People who are worried about the future of the U.S. often find parallels with the decline and fall of the Roman Empire. And oh the parallels there are! Here are a few I dredged up in a brief Internet search: easy monetary policy,
Oil discovery is increasing, and will continue to increase as technology advances; however, there is no motivation to go get it due to economic strain. On November 15th, the United States Geological Survey (USGS) assessed that Texas’s Wolfcamp shale contains an estimated 20 billion barrels of oil, and 1.6 billion barrels of natural gas liquids.