Shale Oil and Gas Industry: Ponzi Scheme Facing Collapse
The corporate media keeps churning out good news stories about the booming shale oil and gas industry in the United States. Apparently, the fracking industry is going to lead to America becoming the next Saudi Arabia with a hundred years of oil and natural gas. It will provide cheap energy supplies that will boost U.S. Industry and give a major boost to consumers and help the so-called economic recovery. Yet all of the over inflated claims for shale oil and gas are based upon a fantasy.
