Slippery Oil Prices Plunge Over Cliff into Bear Market

The Great Recession Blog by David Haggith   Oil today plunged quickly below $40 per barrel, taking oil prices down more than 20% … More

What’s Really Going on With Oil?

New Eastern Outlook by F. William Engdahl   If there is any single price of any commodity that determines the … More

Oil May Plunge to $20, Signalling Economic Disaster: “The Numbers Are Dreadful And Unprecedented”

SHTFplan by Mac Slavo The price of oil has long been a key indicator of economic health and stability. And … More

World Oil Glut Swells to 3 Billion Barrels, Driving Prices Down Further

The New American by Bob Adelmann Friday’s November report from the International Energy Agency (IEA) confounded so-called experts who have repeatedly … More

This Is What Will Determine If Oil Prices Go Up Or Down

OilPrice By Nick Cunningham It appears as if oil prices could be on the verge of a rebound, with new … More

The Real Problem Behind Low Oil Prices

OilPrice.com By Gail Tverberg For a long time, there has been a belief that the decline in oil supply will … More

Economic “Contagion” Threatens “Impending Crisis”: Exposure to Falling Oil Prices Driving Global Defaults and Slowdown

SHTFplan by Mac Slavo On the surface, the United States is currently one of the stronger global economies. But lurking … More

It Is About To Get Ugly: Oil Is Crashing And So Is Greece

The Economic Collapse by Michael Snyder The price of oil collapsed by more than 8 percent on Wednesday, and a … More

“We’re on the Verge of a Crisis” and Global Currency Wars Are Triggering It

SHTFplan by Mac Slavo In financial circles, it is widely acknowledged that the Federal Reserve was about to raise interest … More

Oil Collapse: “This Could Cause The Most Destructive Economic Situation Since the Great Depression”

SHTFplan by Mac Slavo With the price of oil hovering around $44 and U.S. oil inventories at record highs the general … More

How OPEC Weaponized the Price of Oil Against U.S. Drillers

Bloomberg By Grant Smith Photographer: Daniel Acker/Bloomberg Shale oil production in North Dakota, U.S. If there ever was doubt about … More

Boom Goes The Dynamite: The Crashing Price Of Oil Is Going To Rip The Global Economy To Shreds

The Economic Collapse by Michael Snyder If you were waiting for a “black swan event” to come along and devastate … More

Crude Oil Prices: The Politics, Implications, and Backlash

The New American by Bob Adelmann With the price of crude dropping significantly below $50 a barrel, prognosticators have come … More

Oil Projects Cancelled, ‘Rippling’ Layoffs and Defaults: “Money to Fund the Drilling Boom is Drying Up”

SHTFplan by Mac Slavo Falling oil prices have been hammering the energy sector and crimping the one part of the … More

Falling Oil Prices Could Cripple ‘Vulnerable’ Russia, Trigger World War III

SHTFplan by Mac Slavo The Cold War 2.0 is going hot, and while it may someday be fought with planes, … More