New Giant Jumps into Oil Trading Fray as Banks Bail Out by Contributor • May 27, 2015 • Comments Off on New Giant Jumps into Oil Trading Fray as Banks Bail Out The oil price plunge has simply been too great for some investment banks to handle.
New Jersey May Not Be Able to Find Money for Pension Payment This Year, State Officials Say by Contributor • May 21, 2015 • Comments Off on New Jersey May Not Be Able to Find Money for Pension Payment This Year, State Officials Say “Fiscally or physically” impossible. So default?
The Sudden Housing Bubble in Dallas: Personal Perspective by Wolf Richter • May 21, 2015 • 5 Comments What oil bust?
Goldman: Oil Rally “Self-Defeating,” Oil at $45 by October by James Stafford • May 19, 2015 • 1 Comment Problem is not just a glut of oil, but also a glut of capital.
America’s Shadowy Energy Connection With Azerbaijan by Nick Cunningham • May 18, 2015 • Comments Off on America’s Shadowy Energy Connection With Azerbaijan US lawmakers and staff received secret payments from Azerbaijan’s state-owned oil company.
Cuba Flaunts Oil – Russia, US, Others Line Up by Oilprice.com • May 17, 2015 • 2 Comments “We have reason to believe that Russia is eyeing a re-emergence in Cuba.”
Coal Company Bites the Dust, Again by Nick Cunningham • May 13, 2015 • Comments Off on Coal Company Bites the Dust, Again Another casualty in energy’s hardest-hit sector. But this one was set up to fail.
AOL, the Sound of the World Wide Wait by Wolf Richter • May 12, 2015 • 3 Comments Verizon buys AOL, which died 15 years ago. So here’s a trip down memory lane.
Why It’s Time to Be Cautious in the Oil & Gas Sector by Wolf Richter • May 10, 2015 • 3 Comments Even the big names in the sector are running into trouble.
Bond Investors Are Making One Big Mistake Right Now by Contributor • May 7, 2015 • 1 Comment My guess is investors will soon regret that decision.