Fracking Bust Deepens, Sets Records by Wolf Richter • Feb 21, 2015 • 4 Comments But when the heck will production finally decline?
The Chilling Thing Devon Energy Just Said About the US Oil Glut by Wolf Richter • Feb 18, 2015 • 24 Comments It will get much worse.
The Fracking Bust Hits Home by Wolf Richter • Feb 13, 2015 • 5 Comments Never before has drilling for oil collapsed this far this fast.
Oil Bust Hits Office Construction Boom, Banks, Suppliers – But Hey, “So Far” No Apocalypse by Wolf Richter • Feb 12, 2015 • 8 Comments “Not pushing the panic button by any means” – Texas Department of Banking.
Oil-Price Debacle Is Far From Over by Wolf Richter • Feb 11, 2015 • 1 Comment It was another bad-hair day for oil.
Wall Street Has a Dream About the Price of Oil by Wolf Richter • Feb 9, 2015 • 8 Comments Banks must have a V-shaped recovery in place by late 2015, or else.
Oil Rig Count Plunges 29% from Peak. Halfway to Bottom? by Wolf Richter • Feb 6, 2015 • 2 Comments Wall Street shuts off the spigot for junk-rated drillers.
Oil Glut Gets Worse – Production, Inventories Soar to Record by Wolf Richter • Feb 4, 2015 • 9 Comments “Oil markets rarely exhibit V-shaped recoveries.”
‘Vulture’ Investors Descend on Oil Patch by Oilprice.com • Feb 4, 2015 • Comments Off on ‘Vulture’ Investors Descend on Oil Patch PE firms offer credit to teetering oil companies at exorbitant rates, with an eye on the assets in case of default.
Bad News For World Economy That No One Wants To Hear by Oilprice.com • Feb 2, 2015 • 3 Comments Commodities and bonds tell a contrarian story.