EIA is a Ministry of Truth agency that reports official energy data. It is currently in corrupted cover up mode.
2020–2024 data matched closely with the Texas Railroad Commission. Then 2025: a sudden gap of over 300 kbpd shows up.
Frac spread count and sand demand are both falling. Translation: Fewer fracking crews means less sand means fewer wells completed. More wells are tier 2 as tier 1 has been exploited. A clear sign of lower production.
Shale wells decline up to 90% in 3 years. Conventional wells 6% per year. Shale 70% of US oil production.
Drilling activity in the US (Baker Hughes/Primary Vision) #OOTT pic.twitter.com/aaClhTlgur
— Giovanni Staunovo🛢 (@staunovo) October 13, 2025
More E&Ps are cutting spending than increasing it.
The EIA isn’t just overestimating production… they’re underestimating demand. Since 2007, the EIA has missed oil demand…. every single year by as much as 1 mbpd, roughly equivalent to total global annual demand growth.
The paper oil > physical oil – Daily physical oil traded = 100mbpd – Daily oil futures =5 billion barrels per day -> The paper oil market is 50x bigger.
Oil prices are being suppressed… not by supply, but by data. Despite its dismal track record, the EIA remains the go-to source for money managers.
Crude oil cot’s show that smart money is accumulating in the oil sector. The red line is showing the positioning of the commercials. Today, they’re stacking massively.
Only solution, Venezuela unlimited heavy crude. Maduro BEWARE great satan is coming fo yo ass.
And the Nobel peace price went to – not King Carrot – but Venezuelas Machado.
Because War is Peace.
Prediction: coming USA military intervention in Venezuela and regime change.
https://www.middleeastmonitor.com/20251011-nobel-peace-prize-winner-machado-voices-support-for-israel/
Yes heavy crude needed for diesel and jp4. Frackzone shale put temporary eggface on the discredited peak oil movement and let uncle samuel claim oil independence, never mind the seven million barrels per day he and his aipac braintrust had to import to run their pathetic serial crisis actor sideshows while making 100% preposterous claims. And now the bakken and permian go twilight in the desert to join the global peak that occurred in 2019. Fly now and fly high…party on.
And yes if you,re flying high on pms and miners while nasdaq and crypto and bonds and the dollar milkshake tank, put some stash into emerging markets, oil, iron, and coal, or else show me your stash cause i might be interested.