By ISA Intel: OPEC, other major oil suppliers are more worried than they are letting on. They need high oil prices to fund their governments.
In other words, oil is back. Big time. Along with a little noticed but crucial shift in White House rhetoric.
Pipelines corrode and rupture, threatening workers, the environment, and nearby communities. In 2013, over 119,000 barrels of oil were spilled in 623 incidents.
Japan’s most despised corporation, TEPCO, is running out of space to store radioactive water. And so it found another one of its “solutions.”
Oil markets were dominated by Morgan Stanley, Goldman Sachs, JP Morgan, and other investment banks with their own proprietary trading operations and an army of participants on both sides of the trade. But now they’ve abandoned the oil market.
Oil demand in the 34 OECD countries shrank in Q2. But the real surprise is slow demand growth in China, where the economy is cooling.
Turns out, the meltdowns were actually much worse than it previously admitted, says the most despised corporation of Japan.
Natural gas ‘exporters’ took in billions, stocks soared fabulously. Alas, there isn’t enough US natural gas to export. How could this happen? Consensual hallucination.
Millions of property owners in the UK face the prospect of drilling on their land, without their permission and without compensation.
It always starts with a toxic mix.