Blog/Energy

Canadian Oil Falls to Under $20 a Barrel Because of Environmentalists

The price of Western Canadian Select (WCS) crude dropped more than US$55 per barrel BELOW North American benchmark of West Texas Crude. The widening discount is [...]

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US To Become Biggest Producer of Oil in the World?

By next year, the US will become the world’s largest oil producer thanks to the fracking boom. Perhaps the US outdid the current Primus Russia earlier this [...]

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China Looking at Taking Stake in Aramco

According to local sources in the Middle East, financial difficulties in Saudi Arabia may see a cash injection coming for its oil industry – Aramco. The [...]

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Germany Moves Ahead with Nord Stream II

EU lawyers have sided with Germany and effectively told the European Commission that their bid to regulate a new Russia-Germany gas pipeline known as- Nord Stream 2 [...]

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Saudi Arabia threatens to Privatize its Oil and Exit OPEC?

Saudi Arabia may actually be exiting OPEC. There are serious discussions about floating the state owned oil producer Aramco. Saudi Arabia attempted to get other [...]

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The Long-term Cycle of Monetary Crisis

QUESTION: Mr. Armstrong, I have been following you for all my adult life and that has exceeded 20 years by now and am shocked to say, I found your article on how [...]

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Gold – Oil – Dollar

QUESTION: Mr. Armstrong; At the cocktail party in Hong Kong I am the one who asked you how China should proceed to make the yuan a reserve currency. You said the [...]

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The Overlooked Cost of Electric Cars by EU Gov’t

Governments first imposed taxes on alcohol and cigarettes under the claim that they were trying to make people stop for their own good. But as always, as the [...]

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Trade War with Russia Disguised as Sanctions?

The US sanctions voted on by Congress against Russia are outrageous and an act of war that history will write as this may have been the line in the sand crossed by [...]

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Oil & Pegs

QUESTION: First question: Disappointed I have not heard an opinion concerning OPEC’s continuation of reducing oil out put. Can the US shale drillers fill the [...]

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