Silver Report Uncut: Oil Supply is Heading off a Cliff, Investors and Blackrock Turn Away from Petroleum Industry


Silver Report Uncut
Jun 19, 2021

I wanted to talk about the coming oil shortage due to a collapse in investment for operations and more importantly exploration. The WSJ put it this way.

“The message to oil and gas companies has been pretty clear from the market, investment funds like Blackrock seeking green “purity” in the allocation of financing of new energy sources, and government edicts mandating carbon intensity reduction across the entire swath of society, and a transformation to renewable energy, that new supplies of oil and gas are not wanted.

These companies seem to have gotten the message, loud and clear. The super-major cohort formed by Shell, ExxonMobil, BP, TotalEnergies, all prime targets of the anti-oil movement, have reduced their capital allocation toward petroleum, exited businesses or converted petroleum assets like refineries to renewables, and sold assets that a few years ago might have contributed to oil and gas inventories.”

Oil industry experts have been predicting $100 oil and it seems they may be on to something if we continue down this path.


If you wish to contact the author of any reader submitted guest post, you can give us an email at and we’ll forward your request to the author.

All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.


Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.

Copyright © 2022 Dinar Chronicles



Please enter your comment!
Please enter your name here