September 15, 2019 by Michael Snyder In the aftermath of the most dramatic attack on Saudi oil facilities that we have ever seen, the price of oil has exploded higher. The Wall Street Journal is calling this […]
by John Rubino It seems that at least some OPEC members are starting to panic: War of words breaks out among OPEC members (CNN Money) – Is the pain of low oil prices becoming unbearable […]
By Euan Mearns The day of reckoning has arrived for the oil price with the head and shoulders pattern I have been tracking for two months finally being completed in recent weeks. It became a […]
By Arthur Berman Only 1 percent of the Bakken Play area is commercial at current oil prices based on my analysis that follows. Only 4 percent of horizontal wells drilled since 2000 meet the EUR […]
By Michael McDonald Among all the countries of the world, Iceland has arguably the most interesting power generation system. While the country lacks the beaches, geographic location, and population that would make it a significant […]
By Michael Snyder We are really starting to see the price of oil weigh very heavily on the economy and on the stock market. On Tuesday, the Dow was down 291 points, and the primary […]
By Michael Snyder There has only been one other time in history when the price of oil has crashed by more than 40 dollars in less than 6 months. The last time this happened was during […]
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