Silver as an investment

Category Archives: EIA

SHTFplan: Taxing and Tracking the Independent Media: Censorship and Control

Prepare yourself. Buy physical silver and storable food. One of the most heinous things about taxes is that they support the very “organs” (to quote a Soviet-era term) of government that crush the people…even further. The taxes are weapons used by the authorities…and all authority comes from the barrel of a gun (to paraphrase Mao). […]

Mother Nature Massacres Natural Gas Bulls / by Nick Cunningham via / Feb 22, 2017 2:40 PM Natural gas prices plunged to their lowest level since November on mild weather in the U.S., which has caused storage levels to decline at a much slower pace than expected. Contracts for March delivery on the Nymex exchange dipped to $2.63 on February 21, down […]

Why An OPEC Production Cap Is Unlikely / Via Global Risk Insights / Aug 17, 2016 1:34 PM Global oil markets have become volatile once more as the Organization of Petroleum Exporting Countries (OPEC) announced on August 8 that they will hold informal talks during the September meeting of the International Energy Forum in Algeria. Initial speculation centered on recent moves by cartel members […]

America’s “Soaring” Gasoline And Oil Demand Was Just An Illusion: How The EIA Fooled The Algos / by Tyler Durden / Jul 3, 2016 1:45 PM When it comes to “real-time” measurements of crude demand and supply, the data is notoriously bad (and perhaps, according to some, intentionally manipulated). We pointed this out most recently in early March when we that according to IEA data, crude oil production exceeded consumption by an average […]

Collapse Of U.S. Shale Oil Production Has Begun / December 8, 2015 We no longer have to wait for the collapse of U.S. shale oil production, it already has begun.  Unfortunately, this is bad news for the U.S. Government and domestic economy.  Falling U.S. oil production will put severe stress on the highly leveraged debt based financial system over the next several years. […]

The Global Oil Glut Is Getting Worse, Not Better / By Art Berman, / November 12, 2015 Oil futures prices (WTI) plunged 12.5% this week from $47.90 on Friday, November 3 to $41.96 yesterday morning, November 11. The main reason is that the global supply imbalance is getting worse. The U.S. Energy Information Administration’s (EIA) latest report indicates that the world supply surplus (production minus […]

The Oil Crisis Is Just Getting Started / Justin Spittler / October 21, 2015 The oil crisis is about to take down a lot more victims…will you be one of them? As you likely know, the oil market is in a full-blown crisis. Last summer, the price of oil peaked at just over $106 per barrel. Today, it’s trading for about $46. Low […]

Crude Oil Prices Today Crater on EIA Supply Report / by Alex McGuire  • September 2, 2015 WTI crude oil prices today (Wednesday) fell below $44 a barrel in response to a new weekly inventory report from the U.S. Energy Information Administration (EIA). At 10:50 a.m., WTI crude oil prices were down 3.13% to $43.99 a barrel. The U.S. benchmark is coming off an extremely […]

Bakken Shale Oil Well Output Drops To Lowest Since 2009 / by Tyler Durden on 04/14/2015 15:19 In addition to the EIA’s amusing oil price forecast, which as noted previously leaves quite a bit to be desired considering it was a year ago that the EIA completely failed to anticipate the plunge in crude prices, which have collapsed far below its worst case estimate… … […]

Crude Dips After EIA Forecasts Increased Oil Production For A Decade / by Tyler Durden on 04/14/2015 13:21 The EIA’s annual energy outlook has something for everyone as it attempts to forecast energy markets out to 2040. For the bears, US crude oil production is expected to rise (even more than they had forecast last year – before the price collapse) as it seems, according to […]