• Jeffrey Goldfarb


Shale | Energy | Renewable | Growth | B Corp

The US Call for energy independence may have been premature. Though there is no doubting the quantity of shale gas under the surface, the aggressive pursuit of retrieval may have countered the original intent. With loose regulations and poor estimates energy companies saw an immediate boom of 7% growth in 2018 only to come up short of even 1% growth in 2019.[1]

This is not due to global slowdowns or trends. It is mostly operational issues.[2] Wells have been placed too closely to one another and are cannibalizing the results. Rather than working together for efficient extractions competitors have scrambled to collect as much as possible resulting in “sweet spots running out sooner than anticipated.”

This slowdown is coming at an inopportune time as the demand for shale oil is growing worldwide. It is also impacting employment as hiring in shale regions have slowed down.[3] The growth of shale’s presence in global markets has softened the blow of oil’s volatility these past few years but this recent plateau only demonstrates a one for one trade on energy is not the answer. The answer to fossil fuels isn’t introducing more to the market but taking times of fortune as an opportunity to invest in alternatives.

In order to maintain steady growth in energy, there has to be multiple collection streams, in the form of renewable energy. This will not just diversify our consumption habits, and balance the market, but it will answer long term supply & demand conflicts.

While the rest of the world gathers to address climate concerns, it’s important that America remains a thought leader on the topic. It’s important that we allocate our resources into the research and development of new technologies that help produce affordable, renewable energy before an energy crisis hits. Add on top of that the growing climate change concerns and the need for proper renewable investments compound.

Any opinions are those of Jeffrey Goldfarb and not necessarily those of Raymond James. Expression of opinion are as of this date and are subject to change without notice.




11 views0 comments

Recent Posts

See All

Subscribe Form

(716) 842-0145

4549 Main St Suite 200 Buffalo, NY 14226

900 Camp St Suite 4C5 New Orleans, LA 70130

  • Facebook
  • YouTube
  • LinkedIn
  • Twitter

Raymond James financial advisors may only conduct business with residents of the states and/or jurisdictions for which they are properly registered. Therefore, a response to a request for information may be delayed. Please note that not all of the investments and services mentioned are available in every state. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this site. Contact your local Raymond James office for information and availability. Links are being provided for information purposes only. Raymond James is not affiliated with and does not endorse, authorize or sponsor any of the listed websites or their respective sponsors. Raymond James is not responsible for the content of any website or the collection or use of information regarding any website’s users and/or members. Raymond James Financial Services is not affiliated with New Orleans Chamber of Commerce.

Securities offered through Raymond James Financial Services, Inc., Member FINRA/SIPC Privacy Policy</a/<a

Goldfarb Financial is not a registered broker/dealer and is independent of Raymond James Financial Services, Inc. Investment advisory services offered through Raymond James Financial Services Advisors, Inc.

Certification awarded by an independent nonprofit organization B Lab. This certification recognizes businesses that meet rigorous standards of social performance, accountability and transparency. The 2019 Best for the World lists are determined based on the verified B impact Assessments of Certified B Corporations. The B Impact Assessment (BIA) is a free Online tool designed to comprehensively measure the positive impact that businesses generate for their communities, customers, workers, and environment; administered by the independent nonprofit B Lab. Criteria can be found at The ranking may not be representative of any one client’s experience, is not an endorsement, and is not indicative of the firms’ or the advisor’s future performance. Neither Raymond James nor any of its Financial Advisors pay a fee in exchange for this award/rating. B Impact and Best for the World is not affiliated with Raymond James.

We receive, collect and store any information you enter on our website or provide us in any other way. In addition, we collect the Internet protocol (IP) address used to connect your computer to the Internet; login; e-mail address; password; computer and connection information and purchase history. We may use software tools to measure and collect session information, including page response times, length of visits to certain pages, page interaction information, and methods used to browse away from the page. We also collect personally identifiable information (including name, email, password, communications); payment details (including credit card information), comments, feedback, reviews, recommendations, and personal profile. When you conduct a transaction on our website, as part of the process, we collect personal information you give us such as your name, address and email address. Your personal information will be used for the specific reasons stated above only. We collect such Non-personal and Personal Information for the following purposes: To provide and operate the Services; To provide our Users with ongoing customer assistance and technical support; To be able to contact our Visitors and Users with general or personalized service-related notices and promotional messages; To create aggregated statistical data and other aggregated and/or inferred Non-personal Information, which we or our business partners may use to provide and improve our respective services; To comply with any applicable laws and regulations. All direct payment gateways offered by and used by our company adhere to the standards set by PCI-DSS as managed by the PCI Security Standards Council, which is a joint effort of brands like Visa, MasterCard, American Express and Discover. PCI-DSS requirements help ensure the secure handling of credit card information by our store and its service providers. If you don’t want us to process your data anymore, please contact us at or send us mail to: 295 Main St Ste 914 Buffalo, NY 14203. We reserve the right to modify this privacy policy at any time, so please review it frequently. Changes and clarifications will take effect immediately upon their posting on the website. If we make material changes to this policy, we will notify you here that it has been updated, so that you are aware of what information we collect, how we use it, and under what circumstances, if any, we use and/or disclose it. If you would like to: access, correct, amend or delete any personal information we have about you, you are invited to contact us at or send us mail to: 295 Main St Ste 914 Buffalo, NY 14203.