opec
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IEA whistleblower fallout continues - Nov 12
Energy Bulletin - —
Authority: 584
-IEA Whistleblower Claims Agency Has Downplayed Looming Oil Shortage -"Its Really Bad" - Oil Supplies Intentionally Overstated -Looming oil crunch played down: IEA whistleblower -Did the US pressure the IEA over oil supply forecasts? read more3 hours ago -
Just Tell Us The Truth
Energy Bulletin - —
Authority: 584
At last we know...sort of. An article in the UK newspaper The Guardian for November 9, titled “ Key Oil Figures Were Distorted by US Pressure, Says Whistleblower ,” reveals what hundreds of analysts have been trying to convey to world leaders for years: The global oil supply situation is critical and getting ...1 day ago -
Goldman’s Global Oil Scam Passes the 50 Madoff Mark!
Phils Stock World —
Authority: 537
$2.5 Trillion - That’s the size of of the global oil scam . It’s a number so large that, to put it in perspective, we will now begin measuring the damage done to the global economy in Madoff units ($50Bn rip-offs). That’s right $2.5Tn is 50 TIMES the amount of money that Bernie Madoff scammed from investors ...1 day ago -
Why is the cost of gas soaring?
Thy Glory O Nigeria..! —
Authority: 117
Adeola Aderounmu Slowly and steadily the price of gas has increased and surprisingly it is no longer part of the BIG news. I really don’t know why the price of gas has increased to a record high in Sweden. Gas is now sold for over 12 swedish crowns (12:37) the last time I checked. Few years ago there was a lot of ...2 days ago -
U.S. Dollar May Lose Reserve Status: center of economic activity shifting from the West to the East
Count Us Out —
Authority: 150
U.S. Dollar May Lose Reserve Status in 20-30 Years (Update1)By Cherian ThomasNov. 9 (Bloomberg) — The dollar may lose its position as the global reserve currency as Asia moves to replace the U.S. as the driver of world growth, said Rajat Nag, managing director of the Asian Development Bank.“The process has already ...2 days ago -
#25- AubreyJ’s Energy Update Report - November 09, 2009
AubreyJ.org —
Authority: 134
AubreyJ’s Latest Energy Update Report Oil Prices shot past $80 a barrel for a time Monday - Oil and Natural Gas Operations in Gulf of Mexico shut down as once Hurricane, now Tropical Storm Ida moved through Tuesday , November 09, 2009 File photo by DoE ...2 days ago -
UAE banks’ provisions increase 178%
Dubai for Visitors —
Authority: 152
Nine-month provisions for 19 banks listed on UAE stock exchanges were up more than 178 per cent year-on-year while net profits fell 13.7 per cent at the end of the third quarter, Emirates Business research reveals. Combined provisions of the 19 Here is the original: UAE banks’ provisions increase 178%4 days ago -
UAE leads GCC debt market in 2009
Dubai for Visitors —
Authority: 152
The debt market in Gulf oil producers rebounded by a staggering 64 per cent in the first nine months of 2009 and the UAE emerged as the leader in the issuance of conventional bonds, according to a Saudi investment fund. New issuances during the Continued here: UAE leads GCC debt market in 20094 days ago -
Opec will not increase oil production
Dubai Business | Kippreport —
Authority: 515
The UAE’s oil minister Mohammad Al-Hamli has said that Opec is not currently planning to increase oil production. “Up until now raising production is not on the agenda for the Opec,” he said on Saturday. The minister added that although the world economy was not yet “out of the woods”, higher oil prices ...4 days ago -
Higher Oil Prices, the New Normal
The Daily Reckoning Australia —
Authority: 551
Oil prices have bounced more than 150 percent off their December 2008 lows, despite the fact that inventory levels remain at historically high levels. Does that mean the oil price is out of whack? Not necessarily. According to Goldman Sachs, robust 2010 oil demand growth will deplete these inventories over the next ...1 week ago -
The Dethroning of the U.S. Dollar - Coming Soon!
Protect Wealth, Wealth Creation, International Living —
Authority: 112
“The Dethroning of the US Dollar could happen sooner than you think,” says Keith Fitz-Gerald in a recently published article. The implications of this for asset protection purposes are huge - now is the time to diversify out of the collapsing dollar, and protect your wealth and assets through the use of offshore ...1 week ago -
Never believe the oil forecasters
Commodity Corner —
Authority: 118
If there is one thing OPEC Secretary General Abdullah al-Badri would really like to get rid of, it’s analysts forecasts of how much oil there is sitting in storage in the world’s biggest energy consumer the United States. “The forecasts are always wrong,” he has told Reuters. “Why do you carry on running ...1 week ago -
Statoil: Third quarter Operating and Financial Review
GreenEnergyForEarth.com - Solar & Wind Power Products —
Authority: 121
Nov 4, 2009 – Statoil’s (OSE:STL, NYSE:STO) third quarter 2009 net operating income was NOK 28.3 billion, compared to NOK 47.0 billion in the third quarter of 2008. The quarterly result was mainly affected by a 31% drop in oil prices and a 32% decrease in the average price of natural gas. Adjusted earnings in the ...1 week ago -
The Dean’s Oil and Gas Outlook
CollegeStock - The Dean of College Stocks —
Authority: 139
The Dean believes the economy is strengthening and an increase in consumer demand is expected in the next two months, fueled by anticipated fourth quarter spending and reports of improvements in the overall global marketplace.The Organization of Petroleum Exporting Countries (OPEC) raised crude-oil production in ...1 week ago -
Commentary: Oil & Money Conference—What the CEOs and VPs are Saying
Energy Bulletin - —
Authority: 584
On October 20-21, the 30th Oil & Money Conference, convened in London by Energy Intelligence and the International Herald Tribune, attracted roughly 500 attendees, many from the industry press (most of them working for the conveners). Held under tight security at the opulent Intercontinental Hotel, a half-dozen ...1 week ago -
War in Afghanistan: A Victory of Lies (most of them Bush’s)
Trends Updates —
Authority: 611
George W. Bush once boasted that the US presence in Afghanistan has ‘given “freedom and democracy” to 25 million Afghans.’ To propel the war in Afghanistan, ‘Bush frightened Americans with a bogus nuclear threat: “Our discoveries in Afghanistan confirmed our worst fears. . . . We have found diagrams of ...1 week ago -
The Mad, Mad War in Afghanistan (for oil, what else?)
Trends Updates —
Authority: 611
Obama’s ‘war of necessity’ is waged against the Taliban that are a ‘polyglot collection of conflicting political currents whose goals are local, not universal jihad.’ The Taliban have always asserted that they do not pose any international threat. They are not even interested in having anything to do with ...1 week ago -
Critique of Scientific Americans October, 09 essay: Squeezing More Oil from the Ground
Energy Bulletin - —
Authority: 584
Critique of October, 2009 issue of Scientific American essay: Squeezing More Oil from the Ground read more1 week ago -
Oil Prices Are Not Going to Spike Again Just Yet
Energy Bulletin - —
Authority: 584
The party isnt over -- at least not yet. For the last year, relatively low oil prices have helped us all cope with the economic collapse. Weve paid less for gasoline than we have for years. And businesses have paid less for running their factories, planes and product transportation. But last week we began hearing the ...1 week ago -
Oil moves near $80 amidst indications of economic recovery
Global Crisis News —
Authority: 470
Crude oil was up near $80 per barrel after home prices in the US were up and reports showed that crude stockpiles were on the drop. This has led to the belief that the US, which uses the maximum energy in the world, has started to recover from the worst slowdown in the last 80 years. According to reports, crude oil ...2 weeks ago