Alaska’s State Budget Collapses by 50% by Oilprice.com • Jan 28, 2015 • 2 Comments Alaska gets 90% of its budget from oil taxes, and now that budget is $3.5 billion short.
Iran De-Dollarizes Its Trade by Oilprice.com • Jan 28, 2015 • Comments Off on Iran De-Dollarizes Its Trade Sign of a liquidity squeeze.
Recession in Tar-Sands Rich Alberta? by Oilprice.com • Jan 21, 2015 • Comments Off on Recession in Tar-Sands Rich Alberta? The Canadian Province hit hard by low oil prices.
Oil Drillers Abandon High-Cost Areas by Oilprice.com • Jan 19, 2015 • 1 Comment Slashing jobs and investments around the globe.
China Bails Out Latin America for Oil by Oilprice.com • Jan 13, 2015 • Comments Off on China Bails Out Latin America for Oil Bad credit, no problem.
Oil-Price Crash Hits LNG Exports by Oilprice.com • Jan 9, 2015 • Comments Off on Oil-Price Crash Hits LNG Exports American Hopes for LNG-export bonanza sink.
The Future of Fracking as Oil Price Crashes: ‘When Will People Stop Giving these Companies Money?’ by Oilprice.com • Jan 5, 2015 • 12 Comments Energy expert Arthur Berman offers a dose of reality.
Oil-Price Plunge Triggers Layoffs in the US, Businesses Shutter by Oilprice.com • Jan 2, 2015 • 2 Comments The crash bedevils the markets. Companies react. Damage spreads in the US oil patch.
BP To Bypass Sanctions, Buy In On Siberian Oilfield by Oilprice.com • Dec 29, 2014 • Comments Off on BP To Bypass Sanctions, Buy In On Siberian Oilfield There are always ways to get around sanctions.
OPEC May Cull Weaker Members by Oilprice.com • Dec 26, 2014 • Comments Off on OPEC May Cull Weaker Members At current prices, OPEC revenues in 2015 could plunge 50% from 2013.