Have you noticed the absolute carnage taking place in the U.S. shale oil stocks? It seems as if Wall Street and investors are finally growing weary of an industry that hasn’t made money in the past decade. Unfortunately, it took a longer than I expected, but the shale stocks have significantly underperformed the price action by the major oil companies. Now, when I say, “underperformed,” wait until you see the numbers. Of course, the bloodbath taking place in U.S. shale stocks shouldn’t be a surprise as the WARNING SIGNS have been many. For example, this article back in February, Wall Street Loses Faith In Shale , stated the following: To Wall Street, the shale industry has lost a lot of its allure. A decade’s worth of promises have failed to materialize, and Big Finance is cutting some of its ties with smaller shale drillers who have not delivered. The […]