Are Central Banks Running the Oil Market or Just the World?

The Great Recession Blog by David Haggith   The question begs for conspiracy theories to satisfy it, but one might more … More

Guess What Happened The Last Time The Price Of Oil Plunged Below 38 Dollars A Barrel?

The Economic Collapse by Michael Snyder On Monday, the price of U.S. oil dropped below 38 dollars a barrel for … More

How Cheap Oil Is Reshaping Global Hotspots

Defense One by Moisés Naím Stacks and burn-off from the Exxon Mobil refinery are seen at dusk in St. Bernard … More

Why The Price Of Oil Is More Likely To Fall To 20 Rather Than Rise To 80

The Economic Collapse by Michael Snyder This is just the beginning of the oil crisis.  Over the past couple of … More

Why The Damage To The Economy Caused By The Oil Crash Is Going To Get Progressively Worse

The Economic Collapse by Michael Snyder We are really starting to see the price of oil weigh very heavily on … More

12 Signs That The Economy Is Really Starting To Bleed Oil Patch Jobs

The Economic Collapse by Michael Snyder The gravy train is over for oil workers.  All over North America, people that … More

Oil Falls Below 50 As Global Financial Markets Begin To Unravel

The Economic Collapse by Michael Snyder On Monday, the price of oil fell below $50 for the first time since … More

Who Is Behind The Oil War, And How Low Will The Price Of Crude Go In 2015?

The Economic Collapse by Michael Snyder Who is to blame for the staggering collapse of the price of oil?  Is … More

Chain Reaction of Problems Coming In 2015: “Collapse Will Be On A Scale That Is Many Magnitudes Greater Than 2008″

SHTFplan by Mac Slavo If you’re like most Americans, then you are absolutely loving the price you paid this week … More

Anyone That Believes That Collapsing Oil Prices Are Good For The Economy Is Crazy

The Economic Collapse by Michael Snyder Are much lower oil prices good news for the U.S. economy?  Only if you … More

Plummeting Oil Prices Could Destroy The Banks That Are Holding Trillions In Commodity Derivatives

The Economic Collapse by Michael Snyder Could rapidly falling oil prices trigger a nightmare scenario for the commodity derivatives market?  … More

OPEC Fires First Shot In Global Oil Price War

OilPrices.com By Andy Tully OPEC’s decision not to cut production to shore up oil prices drove down the price of … More

The Oil-Drenched Black Swan, Part 1

Washington’s Blog by Charles Hugh Smith Given the presumed 17% expansion of the global economy since 2009, the tiny increases … More

Guess What Happened The Last Time The Price Of Oil Crashed Like This?…

The Economic Collapse by Michael Snyder There has only been one other time in history when the price of oil … More