Oil Shale Era Coming to an End with Grant Norwood

from Kerry Lutz's Financial Survival Network

Grant Norwood comes on the show to give his take on the state of the oil patch, and it looks like the shale era is coming to an end—for oil, at least. We discuss the progression towards an electrified fuel economy that has everyone wondering how long the transition would take, and if this could sustain future energy needs. Grant talks about the current difficulties with acquiring funding for reserves, and says that we would need to take at least half the cars off the road that use fossil fuels to position ourselves for a better future. We also discuss where oil prices are headed, and Grant provides predictions based on government policy, the lack of new supply and companies shutting down. Tune in for more valuable insight.

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