Oil

Why Another Oil Price Downturn Is A Distinct Possibility

Thursday, July 21, 2016
By Paul Martin

by Nick Cunningham via OilPrice.com, ZeroHedge.com Jul 21, 2016 But another downturn in prices is also a distinct possibility, and one that looks a bit more likely than it did a month ago. At the very least, it will take quite a bit of time before a serious price rally arrives. “Fundamental headwinds are... »

Why Oil Prices Might Never Recover…” the global economy is exhausted.”

Monday, July 18, 2016
By Paul Martin

by Arthur Berman via OilPrice.com, ZeroHedge.com Jul 18, 2016 Two years into the global oil-price collapse, it seems unlikely that prices will return to sustained levels above $70 per barrel any time soon or perhaps, ever. That is because the global economy is exhausted. The current oil-price rally is over and prices are heading... »

SICKENING: Obama’s offshore fracking dumps billions of gallons of toxic chemicals into ocean, threatening marine life with total extinction

Thursday, July 14, 2016
By Paul Martin

by: Isabelle Z. NaturalNews.com Thursday, July 14, 2016 A report issued by the Center for Biological Diversity (CBD) last month showed that the Obama administration issued more than 1,200 licenses for offshore fracking in the years from 2010 to 2014. Those with even the slightest familiarity with the effects of fracking will surely find... »

As Chinese Refiners Flood The World, Gasoline Tankers Pile Up In New York City Harbor

Thursday, July 14, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Jul 13, 2016 Just over a month ago, when we pointed out that that the gasoline curve was about to shift from contango into backwardation, we said that the gasoline tanker armada off the coast of Singapore was about to start offloading as it would soon become uneconomical to hold... »

Talk Of Oil “Death Spiral” Emerges

Wednesday, July 13, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Jul 13, 2016 Lipow Oil Associates sees the start of a “death spiral” as “product inventories are high, margins come under pressure, refiners reduce crude runs and therefore the crude-oil glut grows to the point where someone wants to discount” to unload it–inspiring refiners “to kick up their runs again.”... »

Fracking crackdown reduces Oklahoma earthquakes by 25 percent

Tuesday, July 12, 2016
By Paul Martin

by: Wes Maxwell NaturalNews.com Tuesday, July 12, 2016 Since 2009, the state of Oklahoma has experienced a drastic increase in earthquakes. The state’s yearly average of reported earthquakes in 2009 was a mere 20 per year. In 2015, that average spiked to a shocking two per day. While environmentalists have had their suspicions for... »

The oil crash has people worried about a new banking crisis

Thursday, July 7, 2016
By Paul Martin

Elena Holodny BusinessInsider.com July 7, 2016 Nigeria just put its banking system on alert. The Central Bank of Nigeria announced earlier this week that it’s replacing the management of the country’s eighth biggest lender by assets, Skye Bank, after it failed to meet the minimum capital ratios, according to Bloomberg’s Emele Onu, Renee Bonorchis,... »

Economic Collapse – Are You Prepared?

Tuesday, July 5, 2016
By Paul Martin

SilverDoctors.com July 5, 2016 If Americans haven’t connected the DOTS by purchasing physical precious metals, the majority of their supposed wealth will EVAPORATE into thin air… From SRSRocco: The collapse of the U.S. economic and financial system accelerated this year, thus pushing the country closer to a third-world status. Most Americans are unaware of... »

America’s “Soaring” Gasoline And Oil Demand Was Just An Illusion: How The EIA Fooled The Algos

Sunday, July 3, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Jul 3, 2016 “Could it be that the U.S. demand that’s helped drive a near doubling of oil prices since mid-February was illusory?” That may be a reasonable conclusion to draw from the latest data published by the DOE. When looking at weekly figures, it looks like U.S. gasoline demand... »

Why The Collapse Of The U.S. Economic & FInancial System Has Accelerated

Saturday, July 2, 2016
By Paul Martin

by SRSrocco ZeroHedge.com Jul 1, 2016 The collapse of the U.S. economic and financial system accelerated this year, thus pushing the country closer to a third-world status. Most Americans are unaware of the dire consequences facing the nation, so they continue to believe business as usual will continue indefinitely. Unfortunately, lousy reporting by the... »

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