How Much Longer Can Pemex Hang On? by Don Quijones • Apr 12, 2018 • 33 Comments It lost $18 billion in Q4 on declining revenues and production, has $102 billion in debt, and now its world is changing.
FirstEnergy Seeks US Gov Rescue. Who Should Pay for Bad Decisions by Capitalists? Not the Capitalists, Obviously by Leonard Hyman and Willian Tilles • Mar 31, 2018 • 63 Comments The coal and nuclear power generator may default in April.
The Oil Crisis That Can’t Be Stopped by Nick Cunningham • Mar 16, 2018 • 35 Comments Venezuela is “suffering the worst economic depression ever recorded in Latin America.”
Petro-Plunder Rages in Mexico, Costs Surge by Don Quijones • Mar 12, 2018 • 24 Comments Just as the gasoline market is opened to competition, Mexico becomes one of the worst places in the world for fuel theft.
Old Fields Die Hard by Oilprice.com • Mar 10, 2018 • 11 Comments Oil is setting up for a turbulent year.
The Mysterious Chinese Company that’s Trying to Buy a $9 Billion Stake in Rosneft? by Oilprice.com • Mar 9, 2018 • 15 Comments The Chinese government has taken over its management, and its CEO is under investigation.
Momentous Shift in US Natural Gas, with Global Consequences by Wolf Richter • Mar 2, 2018 • 59 Comments And this is just the beginning.
Return of Enron to the Energy Sector? by Leonard Hyman and Willian Tilles • Feb 23, 2018 • 13 Comments The lure of forever-cheap money. But now rates are going up.
New Subsidies For Coal, Nuclear in the Federal Budget by Leonard Hyman and Willian Tilles • Feb 22, 2018 • 31 Comments Nice to know our government is generous, even rewarding corporate failure.
What’s Going on with Stocks, Gold, Silver, Oil, and Mortgages? by Wolf Richter • Feb 18, 2018 • 26 Comments Was the selloff in stocks just a brief correction, or a sign of greater significance?