Oil

THE SHALE OIL PONZI SCHEME EXPLAINED: How Lousy Shale Economics Will Pull Down The U.S. Economy

Saturday, May 19, 2018
By Paul Martin

By: Steve St. Angelo GoldSeek.com Sunday, 20 May 2018 Few Americans realize that the U.S. economy is being propped up by the Shale Oil Industry. However, the shale oil industry is nothing more than a Ponzi Scheme, so when it collapses, it will take down the U.S. economy with it. Unfortunately, the reason few... »

What Will Happen When Oil Reaches $300 Per Barrel?

Wednesday, May 16, 2018
By Paul Martin

By Dave Hodges TheCommonSenseShow.com May 16th, 2018 They say preppers should wear tin foil hats. However, preppers may be the only people that survives what is coming. There is too much going on for their not to be some future disruption of sevices and today that would probably mean war. What will you do... »

DOLLAR COLLAPSE COMING: EU To DITCH The US Dollar In Payments For Iranian Oil

Wednesday, May 16, 2018
By Paul Martin

Mac Slavo May 16th, 2018 SHTFplan.com The dollar’s collapse is nearing. The European Union is planning to switch its payments to the Euro for its oil purchases from Iran, eliminating United States dollar transactions. Just one more nail to the US dollar’s coffin. Its collapse is all but imminent at this point. The EU... »

Oil Is Going To Keep Rising And Inflation Is Coming

Wednesday, May 16, 2018
By Paul Martin

By: GoldCore GoldSeek.com Wednesday, 16 May 2018 The stealth bull market in oil continues Back in early 2016 I called oil my “trade of the lustrum” (a lustrum is a five-year period – it’s an almost criminally underused word). With West Texas Intermediate oil (WTIC) at $33 a barrel, and Brent crude oil at... »

WSJ Sounds The Alarm: “There’s No Getting Over” Gas At $4 A Gallon

Tuesday, May 15, 2018
By Paul Martin

by Tyler Durden ZeroHedge.com Tue, 05/15/2018 Consumers, who are already being squeezed by rising interest rates (even as the return on their cash deposits remains anchored near zero), are facing another potential constraint on their already limited purchasing power. And that constraint is rising gasoline prices, which, as we pointed out last month, could... »

Back to $100? Crude oil prices to soar as Iran crisis adds to global supply headache

Saturday, May 12, 2018
By Paul Martin

RT.com 11 May, 2018 Prices for crude may skyrocket to $100 per barrel as soon as next year as major supply risks in Iran and Venezuela are likely to strain global energy markets, say analysts at Bank of America Merrill Lynch. According to the bank, Brent futures, currently hovering around $77, will reach $90... »

Oil for $300. Is It Possible?

Friday, May 11, 2018
By Paul Martin

Ivan Danilov SputnikNews.com 10.05.2018 If major oil companies keep postponing the necessary investments, the next “huge supply shock” may bring the oil price up to $300 per barrel. It’s not a fringe theory. It’s the forecast of a legendary hedge fund manager. Pierre Andurand, one of the oil sector’s most high-profile speculators, posted a... »

Back to $100? Crude oil prices to soar as Iran crisis adds to global supply headache

Friday, May 11, 2018
By Paul Martin

RT.com 11 May, 2018 Prices for crude may skyrocket to $100 per barrel as soon as next year as major supply risks in Iran and Venezuela are likely to strain global energy markets, say analysts at Bank of America Merrill Lynch. According to the bank, Brent futures, currently hovering around $77, will reach $90... »

Celente – $70+ Oil Just The Start, Wait Until You See What Happens To Gold As Currencies Crash

Thursday, May 10, 2018
By Paul Martin

KingWorldNews.com May 09, 2018 With the price of crude oil surging well above $70 a barrel, today Gerald Celente said this is just the start, wait until you see what happens to gold as currencies crash. The Trump Card May 9 (King World News) – Gerald Celente: As Trends Journal subscribers know, we have... »

Oil Jumps After NYT Denies CNN Fake News: Trump To Withdraw From Deal, Reinstate All Sanctions

Tuesday, May 8, 2018
By Paul Martin

by Tyler Durden ZeroHedge.com Tue, 05/08/2018 Remember last week when a fake report by CNN that the US and China were about to reach an agreement during last Friday’s trade talks – when in reality nothing like that happened – sent stocks surging? Well, CNN’s “fake news” factory was in overdrive again this morning,... »

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