This Is Just the Beginning of the Great American Oil Bust by Wolf Richter • Jan 12, 2015 • 13 Comments Last time this happened, the stock market crashed. “Going to be a painful period of time,” said Texas Gov. Rick Perry.
Peak Oil Pulled a Fast One on Me by Contributor • Jan 11, 2015 • 12 Comments A meltdown of the oil market “could usher in another Great Recession.”
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.
This Giant Oil Company Is Headed for Disaster by Contributor • Jan 9, 2015 • 5 Comments “Stick of dynamite waiting for a match… which we now see with crashing oil prices.”
Oil-Bust Bloodletting: Projects Cancelled, Layoffs Ripple to Other Areas, Default Hits Private-Equity and Pension Funds by Wolf Richter • Jan 7, 2015 • 10 Comments The “most reliable profit driver” has “abruptly turned sour.”
Why You Can’t Buy Oil Stocks – Yet by Contributor • Jan 6, 2015 • Comments Off on Why You Can’t Buy Oil Stocks – Yet Reason is simple: oil stocks are not nearly hated enough.
Consumer Companies Issue Most Negative Guidance Ever, Despite Lower Gasoline Prices by Wolf Richter • Jan 6, 2015 • 16 Comments But the oil-price crash was supposed to goose consumer spending.
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.
Oil-Bust Contagion Hits Hedge Funds, Supplier Layoffs Begin by Wolf Richter • Dec 30, 2014 • 8 Comments The toxic mix of financial engineering and an oil-price collapse.
