Oil

Take That Putin: US To Release 5 Million Barrels From Strategic Petroleum Reserve In “Test”

Wednesday, March 12, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 03/12/2014 WTI crude prices are faling rapidly as Reuters reports that the US is set to ‘unleash’ its Strategic Petroelum Reserves in a “test-sale”… *U.S. TO RELEASE CRUDE FROM STRATEGIC PETROLEUM RESERVE: REUTERS Of course, this is a direct aim at Putin’s pocket-book as his stumbling economy needs high prices... »

Gas and oil prices soar and petrol could be next: Ukraine crisis shocks world markets amid fears Russia’s energy resources will be hit by trade sanctions

Tuesday, March 4, 2014
By Paul Martin

By SEAN POULTER and RAY MASSEY DailyMailUK 4 March 2014 Wholesale gas prices rose the most in two years yesterday as markets reacted to the crisis in Ukraine. Fears that supplies to western Europe could be affected saw the price surge by 10 per cent at one point. The cost of crude oil also... »

Why The EU Will Not Resist Putin’s Ukraine Military Coup

Sunday, March 2, 2014
By Paul Martin

By: Andrew McKillop Market Oracle Mar 02, 2014 Gaseuro Recycling and Petrodollar Recycling Much more discreet and more easily denied than also-denied petrodollar recycling operated by the US and Saudi Arabia, the EU’s gaseuro and petroeuro recycling operated with Russia, especially by Germany, Italy and France but also by other EU states is starkly... »

Dr. Jim Willie Explains: Global Currency Reset Coming, Out of Control Chaos Coming with Shortages of Food, Gasoline (Vital Video)…“Americans need to wake the hell up”.

Wednesday, February 26, 2014
By Paul Martin

By Josey Wales BeforeItsNews.com Wednesday, February 26, 2014 Jim Willie say it all in the first 5 minutes of this interview. Just look around, the world is proclaiming that the U.S. Dollar is the problem for the world economy. The dollar is dying, it is a controlled collapse of an old system, to usher... »

Russian Lukoil Halts Oil Supplies To Ukraine Odessa Refinery

Wednesday, February 26, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 02/26/2014 A few days ago we reported that the Ukraine decided to call Russia’s “trump card” bluff – that would be everyone else’s reliance on Russian gas supplies – when it drastically cut imports of Russian gas by 80% in February, seemingly to demonstrate its energy independence from Puting. Now... »

Why The Keystone Pipeline Will Actually RAISE Gas Prices In the U.S.

Sunday, February 2, 2014
By Paul Martin

WashingtonsBlog.com February 2, 2014 Big Oil Is Gaming the System to Raise Domestic U.S. Prices Bloomberg notes: Completion of the entire pipeline would raise prices at the pump in the Midwest and Rocky Mountains 10 to 20 cents a gallon, Verleger, the Colorado consultant, said in an e-mail message.The higher crude prices also... »

Iraq and Iran plot Oil Revolution in challenge to Saudi Arabia… (War!!)

Wednesday, January 29, 2014
By Paul Martin

Iraq’s goal of pumping 9m barrels a day of crude could be a game changer for oil prices and British companies By Andrew Critchlow TelegraphUK 28 Jan 2014 Iraq is poised to flood the oil market by tripling its capacity to pump crude by 2020 and is collaborating with Iran on strategy in a... »

Libya Warns: Oil Tankers At Closed Ports “Will Be Destroyed”

Wednesday, January 8, 2014
By Paul Martin

by Tyler Durden ZerHedge.com 01/08/2014 Armed groups, demanding autonomy for eastern Libya, have invited foreign companies to buy oil from ports they have seized in defiance of the central government in Tripoli. As Reuters reports, “If a ship docks in one of the closed ports,” warned Libya’s defense ministry, “then we will destroy it,”... »

THE COMING OIL WARS

Tuesday, December 3, 2013
By Paul Martin

China turns on the spigot on Obama’s pivot. By Jed Babbin Spectator.org 12.2.13 Accidental wars only happen in the movies. What’s happening now in the East China Sea is a calculated Chinese provocation that could lead to war. At the same time, the Argentine-engineered crisis in the waters off the Falkland Islands is just... »

Guest Post: US #1 in Oil: So Why Isn’t Gasoline $0.80 Per Gallon?

Wednesday, October 30, 2013
By Paul Martin

by Marin Katusa ZeroHedge.com 10/30/2013 While the White House spied on Frau Merkel and Obamacare developed into a slow-moving train wreck, while Syria was saved from all-out war by the Russian bell and the Republicrats fought bitterly about the debt ceiling… something monumental happened that went unnoticed by most of the globe. The US... »