WTI has extended its losses since last night's surprise API-reported crude inventory build., and DOE confirmed with a surprise 3.8mm bbl inventory build and while WTI tried to rally (smaller build than API), the jump stalled at $68.00...
"The risk of a massively fatal world-wide pandemic is remote, but very real...and is heightened by the hyper-connectedness of our modern society... And our readiness for such an outbreak is woefully lacking.."
Global discoveries of conventional oil and natural gas are seeing an exciting recovery with discovered resources already surpassing 4.5 billion boe in H1 2018...
Schlebusch, whose grandfather was murdered at his farm, exclaimed"the reason I’m considering immigration is honestly because I see dark clouds hanging over our future. The reality is that we do fear for our lives. And the reality is that a white farmer is attacked every day in South Africa. "
Geologists have found anomalies under the Cascadia fault line off the West coast of the United States. Scientists say pieces of mantel have been discovered “rising up” from underneath the underwater fault line.
Oil prices could spike as high as $200 per barrel over the next 18 months, which would cause an “economic crash of horrible proportions,” according to a new report.
