Tag Archives: oil

The Great Panicdemic of 2020: The collapse of oil prices

Good day all. This story is just breaking and trading is still going on as I write this. It seems that for the first time since record keeping began, the price of crude oil has collapsed below $0.00 a barrel.

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OPEC is Running out of gas

Good day all. If you have followed the Fracking debate, you will know that the process is used to produce oil that normally wouldn’t be economically viable. As the technology has matured, the costs have plummeted. Continue reading

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‘Murica to OPEC: Up Yours!

Good day all. A funny thing happened on the way to the Arab OPEC nationss ruling the world. America developed the technology to bring shale oil to market cheap, and Donald Trump likes drilling for oil. He also likes Israel a lot better than Saudi Arabia too. Continue reading

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Shell ending arctic offshore drilling

Good day all. Back in May, I wrote a post about a flotilla of moonbats that were trying to prevent a drilling platform from being moved from Seattle into the Arctic ocean. In the end, the ever so environmentally sensitive Moonbats failed in their goals of preventing the rig from leaving port and also managed to make a massive mess of the harbor. Continue reading

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