Oil

Sheriff: Giant Louisiana sinkhole may expand beyond control — Professor: It could be a ‘significant’ event (VIDEO)

Thursday, November 8, 2012
By Paul Martin

By ENENews November 8th, 2012 Follow-up to: Official Statement: Methane accumulating 20 feet underground near community by giant Louisiana sinkhole — “Immediate actions… to protect public safety” mentioned (AUDIO) Title: Assumption Sinkhole Source: KLFY Channel 10 Author: Chuck Huebner Date: November 2012 Part III Chuck Huebner, KLFY Journalist: Sheriff Waguespack says the worst-case... »

Official Statement: Methane accumulating 20 feet underground near community by giant Louisiana sinkhole — “Immediate actions… to protect public safety” mentioned (AUDIO)

Thursday, November 8, 2012
By Paul Martin

By ENENews November 8th, 2012 Title: Office of Conservation Calls for Cooperative Effort in Methane Testing of Bayou Corne Structures Source: Department of Natural Resources, Louisiana Date: November 7, 2012 Emphasis Added Conservation-ordered shallow well monitoring network detects natural gas pressure near community at 20-to-40-foot depth Louisiana Commissioner of Conservation James Welsh today announced... »

Post Apocalyptic-Like Fuel Crisis Still Plagues New York City

Monday, November 5, 2012
By Paul Martin

Electrical pumps not functioning due to power outages at tanker fueling stations have been reportedly limiting the delivery of fuel throughout the region after New York City was hit hard by a super storm cell last week. By Shepard Ambellas theintelhub.com November 4, 2012 NEW YORK CITY — New York Governor Andrew Cuomo Announced... »

‘History Does Not Repeat Itself, But It Often Rhymes’: Gas Prices Are Falling So Fast Because The Economy Is On The Verge Of Collapse

Monday, November 5, 2012
By Paul Martin

Investmentwatchblog.com November 5th, 2012 Conditions are so bad, they are just plain bad. (Sandy and California gas crisis are just the catalyst this time) I believe anything which can trigger the collapse of consumer spending and slowdown in economic activity will crash the stock market because the institutions will suddenly begin betting on a... »

State troopers deployed as tensions boil at gas stations in Sandy’s wake

Thursday, November 1, 2012
By Paul Martin

By Greg Wilson FoxNews.com November 01, 2012 State troopers have been deployed at all gas stations along the NJ Turnpike and Garden State Parkway, where dwindling gasoline supplies are causing frayed nerves as the region endures its third full day with massive power outages. Frustration with gas supplies topped the list of issues causing... »

New Jersey Gas Lines Stretch For Miles And Miles [PHOTOS]

Thursday, November 1, 2012
By Paul Martin

Dina Spector BusinessInsider.com Nov 1 2012 More than 80 percent of New Jersey gas stations are not able to sell gas due to power outages or delivery problems, Reuters’s David Sheppard reports. Gas lines over a mile long are now a common sight across the state, with waits of up to three hours. Real... »

New Yorkers in fuel scramble as storm-hit pumps dry up

Thursday, November 1, 2012
By Paul Martin

David Sheppard and Edward McAllister Reuters October 31, 2012 NEW YORK (Reuters) – Drivers and homeowners scrambled to secure fuel for their cars and generators in the U.S. Northeast on Wednesday as storm-hit gasoline stations started to run dry. More than half of all gasoline service stations in the New York City area and... »

Iran threatens to stop oil exports, considers anti-Europe sanctions

Wednesday, October 24, 2012
By Paul Martin

RT.com 23 October, 2012 Iran warns that it could stop exporting oil, driving global crude prices up, should the US and allied Europe tighten sanctions further. For such a case, Tehran says, it has a contingency strategy to carry on without oil revenues. “If you continue to add to the sanctions, we will stop... »

The Fed Just Guaranteed $6 Gas & $4000 Gold

Sunday, October 21, 2012
By Paul Martin

by Damon Geller Wholesaledirectmetals.com Now that QE3 has arrived, it’s more obvious than ever that a few powerful men have hijacked our economic, financial and political structure. And here’s a news flash: They aren’t socialists or capitalists. They’re criminals. The latest round of stimulus policy by the head printer-in-chief, Ben Bernanke, and the Fed... »

Imagine Prices At The Food Store And Gas Pump Doubling In Days: Quantitative Easing Has Been Devastating For American Households And Now Many Of The Ingredients For Hyperinflation Are Brewing!!

Wednesday, October 17, 2012
By Paul Martin

Investmentwatchblog.com October 16th, 2012 We’re Certainly At A Flashing Yellow Alert On Hyperinflation David Zeiler: Too few understand just how disruptive hyperinflation in America would be. Truth is, it would be a nightmare. In an episode of hyperinflation, money loses value so rapidly that people spend it as quickly as possible, which only feeds... »

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