Oil
Do You Remember The Oil Crisis And “Stagflation” Of The 1970s? In Many Ways, 2019 Is Starting To Look A Lot Like 1973…
by Michael Snyder TheEconomicCollapseBlog.com April 22, 2019 The price of gasoline is rapidly rising, economic activity is slowing down, the Middle East appears to be on the brink of war, and Democrats are trying to find a way to remove a Republican president from office. In many ways, 2019 is starting to look a... »
Trump Bump, No Recession, Rate Cuts Coming – Gerald Celente
By Greg Hunter USAWatchdog.com April 14, 2019 op trends researcher Gerald Celente said last year the global economy was headed for a big crash—not anymore. Celente explains, “Here’s what changed our forecast. . . . Jerome Powell, the Fed Chair, said on January 4th 2019, the Fed was going to be “patient” in raising... »
London’s Uber, Cab Drivers Catch Yellow Vests’ Bug, Rail Against Fossil Fuel Taxes
Authored by Chloe Anagnos ZeroHedge.com Fri, 04/12/2019 Also known as the yellow-vests movement, the gilets jaunes movement in France gets a lot of hate from the left-leaning media. To critics, climate change requires government action, and if that means the working class will have to endure more poverty and misery, that’s just how it... »
Saudi Arabia Mulls Ditching Dollar in Bid to Stop US Anti-OPEC Law – Report
SputnikNews.com 05.04.2019 The No Oil Producing and Exporting Cartels Act (NOPEC) was first introduced in 2000 to combat OPEC’s price regulation, but had little success in Congress. However, prior to being elected US president, Donald Trump expressed vocal support for the bill in 2011. Riyadh has plans to switch its oil trade away from... »
The Massive Increase Of Central Bank Paper Assets Warns Of Financial Danger Ahead
By: SRSrocco GoldSeek.com Thursday, 4 April 2019 By purchasing increasingly worthless paper assets, we can thank the central banks for propping up the global economy for the past decade. Since the 2008 financial crisis, the top central bank’s have acquired $13 trillion worth of assets on their balance sheets. While the central banks label... »
Pence Urges Global Freeze On Venezuelan Oil; Vows Return Of “Every Last Dollar” To Opposition
by Tyler Durden ZeroHedge.com Tue, 02/26/2019 As expected the Lima Group summit hosted in Bogota, Colombia on Monday became a collective Venezuelan regime change strategy session following the weekend showdown over US humanitarian aid entering the country, which led to riots on bridges at border points Saturday. Previously promising to announce at the meeting... »
12 Empty Supertankers Tell Us Everything We Need To Know About The Oil Market
by Tyler Durden ZeroHedge.com Sun, 02/24/2019 As the US battles with its OPEC+ rivals over the direction of global oil prices (Trump wants to keep oil prices subdued, while Saudi Arabia and Russia, reeling from years of prices too low to balance their budgets, are desperately hoping to push them higher with another round... »
The Coming US-China Proxy War In Venezuela
by Tyler Durden ZeroHedge.com Sat, 02/02/2019 China won’t give up on embattled Venezuelan president Nicolas Maduro anytime soon even as the US-led international noose of “delegitimizing” hangs around the socialist strongman, according to government statements released on Friday. Beijing reaffirmed it maintains “normal state-to-state relations” and cooperation between the two sides “shouldn’t be undermined... »
Venezuela CRISIS: Oil ‘TICKING TIME BOMB’ set to detonate with rapid ‘PRICE REACTION’
VENEZUELA could spark an oil “price reaction” as political turmoil continues to grip the crisis-hit South American nation, according to an analyst. By LEVI WINCHESTER Express.co.uk Mon, Jan 28, 2019 The cash-strapped nation is currently in the midst of a political meltdown with President Nicolas Maduro confronting an unprecedented challenge to his authority after... »
Art Berman: Exposing The False Promise Of Shale Oil
by Adam Taggart via PeakProsperity.com, ZeroHedge.com Thu, 01/17/2019 Estimates of recoverable oil are proving wildly wrong… Art Berman, geological consultant with over 37 years experience in petroleum exploration and production, returns to the podcast this week to debunk much of the hopium currently surrounding America’s shale oil output. Because the US is pinning huge... »
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