Oil

Goldman Warns Of Oil Price Shock As Border Tax Could Lead To Surge In US Oil Production

Tuesday, January 24, 2017
By Paul Martin

by Tyler Durden ZeroHedge.com Jan 24, 2017 The price gain from a shift to destination-based border adjusted corporate tax would prompt US drillers to “sharply increase activity” as a result of lower US corporate tax rates, which would aggressively incentivize shale drilling, resulting in a global oil price shock, sending domestic prices spiking, as... »

Trump To Sign Executive Orders Advancing Keystone, Dakota Pipelines

Tuesday, January 24, 2017
By Paul Martin

by Tyler Durden ZeroHedge.com Jan 24, 2017 It is just day two of his presidency, and already Trump is taking a sledgehammer to the Obama legacy: in his latest move reported moments ago by Bloomberg, president Trump intends to sign two executive actions today “that would advance construction of the Keystone XL and Dakota... »

The Coming Famine

Thursday, January 12, 2017
By Paul Martin

By Jack Perry LewRockwell.com January 12, 2017 I’ve gotten a couple emails from people who have asked me what I think the “end game” is in regards to Russia. And, indeed, the government is going into extra innings with this whole Russia vilification project. This is worse than someone who has held on to... »

WATCH: Protesters in Mexico Kick Feds Out of Town, Storm Buildings As Govt Raises Gas Price

Monday, January 9, 2017
By Paul Martin

John Vibes TheFreeThoughtProject.com January 9, 2017 Monterrey, Mexico – Hundreds have been arrested, and at least 3 people have been killed after several days of intense protests and riots in Mexico, that started as the result of a 20% gas price increase. It was reported that some of the deaths resulted from protesters being... »

GasBuddy Issues “Sticker Shock” Warning: Motorists Will Spend $52 Billion More At The Pump In 2017

Thursday, January 5, 2017
By Paul Martin

by Tyler Durden ZeroHedge.com Jan 5, 2017 The price of oil has surged, which has pushed the market higher, and generated a healthy wealth effect for those who have equity exposure. And now it’s time for the hangover. As GasBuddy warns in its 2017 Fuel Price Outlook, motorists are about get some sticker shock... »

Looting and riots erupt in Mexico as gas prices spike 20 percent in one weekend as the government stops regulating oil prices

Thursday, January 5, 2017
By Paul Martin

Gas prices were deregulated over the weekend by President Enrique Pena Nieto who said that regulation amounted to an unfair subsidy for the wealthy Bus, taxi, and truck drivers have been hit the hardest A gallon of gas can now cost almost a day’s pay for the average worker, or several days pay to... »

Key Market In Major Trouble As Banks Now Have Near-All-Time Record Short Positions

Tuesday, December 27, 2016
By Paul Martin

KingWorldNews.com December 27, 2016 A key market is now in serious trouble as banks have established near all-time record short positions. Commercials Near All-Time Record Short Positions In Oil Below you can see the commercial short positions in the crude oil market are now close to an all-time record as the commercials have been... »

U.S. SHALE GAS INDUSTRY: Countdown To Disaster

Sunday, December 18, 2016
By Paul Martin

by SRSrocco ZeroHedge.com Dec 18, 2016 The countdown has started as the demise of the great U.S. shale gas industry has begun. This will have a disastrous impact on the U.S. economy as shale gas production declines in a big way. Unfortunately, very few Americans understand how sickly the domestic shale gas industry truly... »

WORLD ECONOMIES IN TROUBLE: Middle East Oil Exports Lower Than 40 Years Ago

Wednesday, December 7, 2016
By Paul Martin

By: Steve St. Angelo, SRSrocco Report GoldSeek.com Wednesday, 7 December 2016 Yes, it’s true. Middle East net oil exports are less than they were 40 years ago. How could this be? Just yesterday, Zerohedge released a news story stating that OPEC oil production reached a new record high of 34.19 million barrels per day.... »

How Russia Outsmarted OPEC

Tuesday, December 6, 2016
By Paul Martin

by Irina Slav via OilPrice.com, ZeroHedge.com Dec 6, 2016 Russia, along with Iran, could turn into the big winner of the agreement, enjoying high output and higher prices, which would allow it to further expand its global market share. Unless, of course, OPEC lies, as former Saudi Oil Minister Ali al-Naimi plainly said this... »

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