Delusional Mainstream Media Distorts The Disaster & Reality As We Head Over The Cliff

Sunday, October 16, 2016
By Paul Martin

by SRSrocco
ZeroHedge.com
Oct 15, 2016

The news that flows from the Mainstream media continues to delude Americans from understanding the reality and disaster that is heading our way. A perfect example of this took place last week when a small oil company announced a new huge oil discovery in Alaska.

The headlines stated that Caelus Energy LLC found between 6-10 billion barrels of oil on the North Slope of Alaska. I imagine this new oil discovery did wonders in reviving the “hope” that the U.S. will still become energy independent.

However, rapidly falling oil production, due to high shale oil well decline rates, is putting a real kibosh on U.S. energy independence. U.S. oil production is already down one million barrels per day since its peak last year. Nevertheless, individuals who still believe that peak oil is rubbish are clinging to this new Alaska oil discovery as proof that technology will solve all our problems.

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