Hypersciences will fire objects at hypersonic speed to tunnel 10 times faster for oil...
• https://www.nextbigfuture.com, brian wangHypersciences will fire objects at hypersonic speed to tunnel 10 times faster for oil, geothermal and Hyperloops
Contents Pages by Subject
Oil
US will Overtake Russia to Become Top Oil Producer by 2023
• https://www.themaven.netThe Wall Street Journal reports U.S. Will Be the World's Largest Oil Producer by 2023, Says IEA.
Venezuela oil workers are dying of hunger - a military coup in 2018 seems inevitable
• https://www.nextbigfuture.comStarving Venezuelan oil workers are growing too weak for heavy labor. They are too fatigued to act quickly which leads to more fatal accidents. Crude oil makes up about 95% of Venezuela's exports. The country has no other source of foreign income.
U.S. crude oil production hit record high in November: EIA
• https://www.reuters.comNEW YORK (Reuters) - U.S. crude oil production shattered a 47-year output record in November and retreated slightly in December, the U.S. Energy Department said on Wednesday, as oil production from shale continued to upend global supply patterns.
Venezuela's Petro: Stable Coin For Crypto-Economy Or Illegal Oil Futures?
• https://www.zerohedge.com, by Thomas MeyerStarting in late 2017 Venezuela's President Nikolas Maduro began expanding heavily into media space in an attempt to promote a new payment instrument– the government-issued cryptocurrency Petro.
There Is No Justice in Our World
• http://www.unz.comA gathering of rich oil Arabs pledged $30 billion this week at a meeting in Kuwait to start rebuilding war-shattered Iraq. Sounds nice but these kinds of conclaves are notorious for offering big but delivering little.
Venezuela oil production is plummeting
• http://money.cnn.comVenezuela's main source of cash is dwindling at a breathtaking pace.
Venezuela To Accept More Crude Oil From Russia As Production Falters
• https://www.zerohedge.com, by Zainab CalcRussian crude oil exports to Venezuela are rising as Caracas struggles to produce enough crude to supply refineries in its contracted network, according to a new report by S&P Global Platts.
WTI Crude Tumbles Back Below $60
• zerohedge.com by Tyler DurdenDespite reassurances from Goldman's Jeffrey Curries that global demand is "rock solid," ...
Petro-Yuan Futures Launch in March: Ignore the Hype, It's a Good Thing
• https://www.themaven.net, by Mike Mish ShedlockAfter a 25-year wait, China is about to trade Yuan Oil Futures. Expect to see and hear a lot of hype over this event.
Oil World Turns Upside Down as U.S. Sells Oil in Middle East
• bloomberg.com, By Sheela Tobben and Wael MahdiThe United Arab Emirates, a model Persian Gulf petro-state where endless billions from crude exports feed a giant sovereign wealth fund, isn't the most obvious customer for Texan oil.
Why Venezuela's New National Cryptocurrency El Petro Will Fail
• https://news.bitcoin.comWashington and legacy media are in a tizzy about Venezuela reportedly thwarting international sanctions by way of a dreaded state-backed cryptocurrency. A closer look reveals several stumbling blocks for the Bolivarian Republic: nonexistent reserves,
Mexico's drug cartels, now hooked on fuel, cripple the country's refineries
• reuters.com By GABRIEL STARGARDTERDrug gangs pressure refinery workers to tap the lifeblood of Mexico's oil industry. One former worker fled the country. One former gang member helps authorities understand the racket.
Oil Company Wants to Sell Bitcoin ATMs to Casinos, Stock Jumps 60%
• Bitcoin NewsChiron Refineries LTD (TASE:CHR), a company which focuses on developing oil refineries in Africa, has announced to investors on Tuesday morning that it is entering the cryptocurrency market and its stock price quickly jumped up close to 60%.
Peak Oil Demand Is A Slow-Motion Train Wreck
• zerohedge.com by Nick CunninghamWill oil demand peak within five years? 15 years? Or not until 2040 or 2050?
OPEC Oil Production Rose In December Despite Plunge In Venezuela Output
• https://www.zerohedge.comIn its latest monthly report, OPEC announced that according to secondary sources, December oil production by the cartel rose by 42.4kbpd from November to 32.416mmbpd, if 144kbpd below October's 32.56mmbpd level, and just below the mandated production
U.S. oil industry set to break record, upend global trade
• https://www.reuters.comHOUSTON (Reuters) - Surging shale production is poised to push U.S. oil output to more than 10 million barrels per day - toppling a record set in 1970 and crossing a threshold few could have imagined even a decade ago.
Venezuela Urges 10 Other Countries to Adopt Its Oil-Backed Cryptocurrency
• https://news.bitcoin.comVenezuela's president Nicolas Maduro has called for 10 other countries to adopt his planned oil-backed cryptocurrency, the petro. This move follows the country's parliament declaring the issuance of this new currency illegal.
Trump administration plan would widely expand drilling in U.S. continental waters
• https://www.washingtonpost.com, By Darryl FearsThe Trump administration unveiled a controversial proposal Thursday to permit drilling in most U.S. continental-shelf waters, including protected areas of the Arctic and the Atlantic, where oil and gas exploration is opposed by governors from New Jer
Oil-Rich Venezuela Is Out Of Gasoline
• https://www.zerohedge.comAfter lining up for an entire day to get a plane ticket to visit her relatives in the western city of Mérida, Josefina García did not know if she and her octogenarian mother were going to reach their final destination on time for Christmas.
World Bank to stop financing oil and gas exploration and extraction in 2019
• https://www.naturalnews.com(Natural News) While most know it as one of the scariest and most influential organizations on Earth, the World Bank is a tremendous force for good. At least, it's actively trying to be, as evidenced by its latest move to announce that it will be c
US crude oil production could be more than Saudi Arabia in January
• https://www.nextbigfuture.com, brian wangThe Dec 8, 2017 weekly EIA oil production report was that US production was at 9.78 million barrels per day. The US may end December with 9.9 million barrels per day.
Uh-Oh Canada!
• http://www.zerohedge.com, by Nick CunninghamOil from Canada's oil sands is now selling at a $27-per-barrel discount relative to WTI, the sharpest difference in more than four years.
Russia May Turn to Cryptocurrencies in Oil Trade to Challenge Sanctions & the Petrodollar
• https://www.lewrockwell.comThe gradual acceptance of digital currencies, with major exchanges about to launch bitcoin futures trading, may prompt some oil producing nations to ditch the US dollar in crude trade in favor of cryptocurrencies, an oil analyst says.
Venezuela Arrests Former Oil Minister And Ex-Head Of PDVSA
• http://www.zerohedge.comAs OPEC is set to celebrate the extension of the cartel's oil production cut for another year in Vienna, Venezuela former-oil minister and the former head of the now defaulted state energy company PDVSA have no reasons to celebrate following their ov
Tech Breakthrough Could Transform The Oil Sector
• https://www.nextbigfuture.com, brian wangAs Saudi Arabia spins from crisis to crisis, U.S. oil hasn't missed a beat. It's stronger and more resilient than ever– and it has nothing to do with OPEC oil production cuts.
Episode 324 - Data is the New Oil
• https://www.corbettreport.comIn this follow up to Why Big Oil Conquered the World, James further explores the concept of technocracy. If "Data is the New Oil" then what does that tell us about the 21st century oligarchy and the world that they are creating? And, once we unde
Mideast Turmoil: Follow The Oil, Follow The Money
• http://www.zerohedge.com, by Charles Hugh SmithIn this scenario, time is running out for Saudi Arabia's free-spending royalty and state - and for all the other free-spending oil exporters.
Interview 1317 – The Hagmann Report on Big Oil
• corbettreport.comToday James appears as a guest on The Hagmann Report to discuss How & Why Big Oil Conquered The World.
"A Classic Head Fake": Why One Trader Is Using The Saudi Turmoil To Sell Crude
• http://www.zerohedge.comOvernight, following the recent Saudi turmoil, prices in the crude complex jumped to the highest levels in over two years, amid speculation that Saudi Arabia is more likely to back output curbs following this weekend's crackdown by Crown Prince Moh
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