Thursday, June 4, 2020

HOW QUICKLY WILL BAKKEN OIL PRODUCTION DECLINE?? Much Faster Than Americans Realize

by Steve St. Angelo, SRSRocco Report:

What goes up, must come down.  And, this is most certainly true for the mighty North Dakota Bakken… the second-largest shale oil-producing region in the United States.  Even after the global contagion fades away, the North Dakota Bakken has likely reached peak production.

According to a new chart by Jean Laherrere, from his recent work titled, Negative WTI on 20 April 2020: an accident or a trend?, the estimated oil production decline at the North Dakota Bakken will destroy the notion of U.S. Energy Independence, once and for all.  Here is Laherrere’s chart showing the ultimate recovery of 5.5 billion barrels from the North Dakota Bakken, and what that would like on the downside of the decline slope:

George Floyd Endgame: Martial Law and a Police State

by Kurt Nimmo, Another Day in the Empire:

COVID was the first act.

It is disturbing to hear people who should know better describe the George Floyd riots as anarchism. The riots are not anarchistic, they are nihilistic. The people engaged in looting, arson, and widespread assault have zero comprehension of political philosophy.

There are, of course, a whole lot of people demonstrating who are not involved in crime and violence. However, these are the dupes, the idealists routinely exploited by the state and its propaganda media.

SILVER WILL EXPLODE AND FAKE MONEY COLLAPSE LIKE IN 3rd C.

by Egon Von Greyerz, Gold Switzerland:

History repeats itself with staggering similarity. The Crises of the 3rd Century and today have much in common. All empires have the seeds of their own destruction within them. So if we look back almost 2000 years to the Roman Empire we will find exactly the same symptoms as today.

Heighten the Curve: Why Opened States’ COVID “Spikes” Are Meaningless

by Selwyn Duke, The New American:

States that have “opened” from coronavirus lockdowns have, as many predicted, generally experienced no appreciable increase in pandemic intensity. Nonetheless, mainstream media have continued portraying every odd COVID-19 “spike” in such states as a dire portent, as CNN did over Memorial Day weekend and NBC did more recently. But as people argue over the data, something is left unsaid: Even when virus cases do increase, it’s irrelevant.

Powerful: Protesters Spell Out ‘Love’ With Burning Homes And Businesses

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from The Babylon Bee:

MINNEAPOLIS, MN—In a powerful display of their care for love and justice, protesters in Minneapolis burned the word “LOVE” into the city, arranging the inspiring message with homes and businesses set ablaze by their riots.

Heartfelt and moving.

“We just really wanted to show how much we care about love and social justice by burning this community into a powerful reminder of what it’s all about,” said local protester Jake Hernandez, who had flown in from Portland for the event. “Now, when police and fire helicopters fly over to try to restore order, they’ll be inspired by our message of love and harmony.”

That White Nationalists Causing George Floyd Riot Chaos Talking Point Took Another Devastating Blow

by Matt Vespa, Townhall:

It was yet another night of rioting and looting. Granted, in some areas, the chaos was not nearly as bad as the previous night. Fox News’ Kevin Corke reported that while last night’s law enforcement response was not perfect, it wasn’t nearly as anarchic. That’s probably because every law enforcement agency and their mother were out to ensure the curfew was enforced. For Democrats out there struggling to figure out how to control their cities, a big police presence pretty much ensures law and order is re-established. Just saying. Yet, as the rioting intensified over the past couple of days, especially in Minneapolis, there was this ridiculous talking point that right-wing extremists, specifically white nationalist groups, were creating the chaos. That’s not true.

We’re in the Thick of It Now – What Happens Next?

by Michael Krieger, Liberty Blitzkrieg:

It’s with an extremely heavy heart that I sit down to write today’s post. Although widespread civil unrest was easy to predict, it doesn’t make the situation any less sad and dangerous. We’re in the thick of it now, and how we respond will likely determine the direction of the country for decades to come.

If the combination of peaceful protesting, looting and violence witnessed across American cities over the past few days completely caught you off guard, you’re likely to come to the worst possible conclusion about what to do next. The knee-jerk response I’m already seeing from many is to crush the dissent by all means necessary, but that’s exactly how you give the imperial state and oligarchy more power. Power it will never relinquish.

TRUMP BLOCKS ALL CHINESE PASSENGER PLANES FORM ENTERING THE USA

by Harvey Organ, Harvey Organ Blog:

ANOTHER RAID//GOLD DOWN $26.15 TO $1726.40//SILVER DOWN 23 CENTS TO $17.72//VOLUME IN GOLD DOWN AGAIN AS TRADERS MOVE TO LONDON’S LME//COMEX GOLD TONNAGE STANDING INCREASES TO 150.3 TONNES//SILVER HAS 2 MILLION OZ STANDING//CORONAVIRUS UPDATE//ROB KIRBY..A MUST VIEW…//WHO COVERED UP FOR CHINESE LIES ON THE CORONOAVIRUS//GORDON CHANG..A MUST READ…TRUMP BLOCKS ALL CHINESE PASSENGER PLANES FORM ENTERING THE USA//USA BURNS FOR THE 8TH STRAIGHT NIGHT

Rioting: Everyone Has Lost Their Minds

by Tom Woods, Lew Rockwell:

Some libertarians tell me: there’s no such thing as left and right; this is a made-up distinction meant to divide us.

Not so, and I can prove it.

I can tell the difference with one question.

“Are rioting and looting wrong?”

One side will say yes. The other will give you a speech. Works every time.

(Michael Malice has a similarly formulated question, unrelated to riots, which inspired mine.)

“Nor tolerate those who do. . .”

by Simon Black, Sovereign Man:

It’s been nearly two and a half decades since I was a brand new, freshly bald-headed cadet entering my first summer at West Point.

Everything about it was agonizing. We operated on little sleep. The hazing never stopped. There were constant military and physical exercises. And it was only the beginning of four years of endless pressure and stress.

In retrospect I can admit it was definitely a character-building experience. And I understand why they deliberately make it so stressful.