Oil War within OPEC crushing prices – #PeakOil

By Keith Kohl | Tuesday, January 12, 2016
Strange things are afoot in the House of Saud lately.
Perhaps the most mind-boggling of them all was the recent news that the country is considering a public offering of Saudi Aramco.
If you’re scratching your head as to why this is such a … http://www.thecherrycreeknews.com/oil-war-within-opec-crushing-prices/ #Energy, #Oil, #OilPrices, #PeakOil

Oil Market Outlook 2016 – Consumption

An oil recovery is inevitable.
Now, it certainly isn’t easy to hold onto that outlook for some people, especially in the aftermath of OPEC’s (and by “OPEC’s,” I mean Saudi Arabia’s) decision to maintain output levels. The group also failed to agree on a p… http://www.thecherrycreeknews.com/oil-market-outlook-2016/ #BrentCrude, #Energy, #EnergyPrices, #Oil, #OilPrices, #PeakOil

A New Normal in oil prices?

Pundits were pleased this morning.

After three straight days of falling oil prices, fortunes reversed and prices started to climb.
And when I say climb, what I really mean is that prices started the slow, painful hike up the mountain.
See, these market commentators were ecstatic over a measly… http://goo.gl/v3Av6t #Energy, #Oil

OPEC Revenue Cut in Half


Oil Stimulus Money
According to AAA, retail gasoline prices this week averaged $2.477.
That’s the first time gasoline has been under $2.50 since 2009. By January, it could be as low as $2.25 for a gallon of regular.
This comes at a time of the year when middle-class Americans and… http://goo.gl/NkTwtz #Energy, #Oil, #PeakOil, #Russia