Oil

OPEC Out! This week’s meeting was really a bust!

Sunday, December 4, 2016
By Paul Martin

By David Haggith TheGreatRecession.info December 3, 2016 In May, I wrote an article titled “The OPEC Epoch is Over,” which pronounced OPEC officially dead and predicted oil prices would plunge again. So far, I’ve been wrong about a second perilous plunge in oil prices. However, even as market heavyweights herald this week’s OPEC meeting... »

‘Wanna burn the US constitution? Shoot at us first’: Veterans prepare to aid DAPL protesters

Saturday, December 3, 2016
By Paul Martin

RT.com 3 Dec, 2016 US military veterans continue to arrive at Standing Rock, with up to 3,500 expected in total. They are due to meet with tribal elders to discuss how they can best help the ongoing protest, marked by heavy police force and bitterly cold weather conditions. Members of “Veterans Stand for Standing... »

Wells Fargo requests meeting with Sioux tribe elders to discuss Dakota pipeline funding

Saturday, December 3, 2016
By Paul Martin

RT.com 3 Dec, 2016 Major US lender Wells Fargo bank asked to meet with tribal leaders from the Standing Rock reservation on the same day that one of its buildings was occupied by Dakota Access Pipeline protesters. Wells Fargo, which has lent $3.7 billion to finance the crude oil pipeline being built by Energy... »

OPEC Deal Could Trigger Drilling Boom In U.S. Shale

Friday, December 2, 2016
By Paul Martin

by Nick Cunningham via OilPrice.com, ZeroHedge.com Dec 2, 2016 If anyone is cheering the news of an OPEC deal it is U.S. shale producers. The OPEC agreement sent oil prices shooting up this week, with WTI and Brent quickly surging above $50 per barrel. Saudi Arabia has agreed to swallow the pain by lowering... »

Oil Dips After Former Saudi Oil Minister Admits On OPEC Deals, “We Tend To Cheat”

Friday, December 2, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Dec 2, 2016 Not really surprising anyone, former Saudi Arabia oil inister Ali Al-Naimitold a forum in Washington that it “remains to be seen” if the OPEC deal is successful, noting that the “market is set to rebalance if everyone cuts production” but added “we tend to cheat.” Having been... »

Gas Is Going to $6 a Gallon- OPEC Part of Plot to Collapse US Economy

Thursday, December 1, 2016
By Paul Martin

By Dave Hodges TheCommonSenseShow.com December 1st, 2016 In response to Donald Trump’s election, OPEC is aiding the globalists in paralyzing the US economy with increased oil price that the fragile US economy simply cannot handle. The reasons and the implications for this action are contained in the following video. Share on Facebook »

Thousands of Veterans Head to Standing Rock to Form ‘Human Shield’ Between Cops and Protesters

Thursday, December 1, 2016
By Paul Martin

TheFreeThoughtProject.com December 1, 2016 Standing Rock, ND — (RT) More than 2,000 US military veterans have formed Veterans Stand for Standing Rock and plan to act as a human shield around protesters demonstrating against the Dakotas Access Pipeline. Over 2,000 members of Veterans Stand for Standing Rock are planning to travel to a campsite... »

Massive Explosion Rocks One Of Italy’s Largest Oil Refineries

Thursday, December 1, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Dec 1, 2016 According to local press, a massive explosion has rocked one of Italy’s biggest oil refineries in Sannazzaro de’ Burgondi, near Pavia, about 40km south of Milan. Local authorities have ordered residents to stay indoors while an emergency plan is activated. The Department of Civil Protection in the... »

Russia Refuses To Disclose From What Level It Will Cut Production; Will Cut “Only Gradually Due To Technical Issues”

Wednesday, November 30, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Nov 30, 2016 Today’s “OPEC deal” snowjob continued with the statement by Russian energy minister Novak, who moments ago have a press conference in which he praised the production cut conclusion, however, two key aspects of Russia’s contribution to the non-OPEC stood out. First, the energy minister said that Russia... »

Sheriffs Across US Refusing To Send Police And Equipment To DAPL As Outrage And Costs Grow

Monday, November 28, 2016
By Paul Martin

By Claire Bernish ActivistPost.com NOVEMBER 28, 2016 In response to an increasingly furious public outcry, sheriffs from around the country have refused to send personnel and equipment to assist the Morton County Sheriff’s Department in guarding construction of the Dakota Access Pipeline. A massive campaign of angry phone calls and indignant emails to departments... »

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