☆☆☆ THE ALL NIGHTER ☆☆☆
⏩ MORNING MUSTER Posts @ 03:00 PDT ?
Oil Bust: West Texas Crude Futures Price Turns Negative For First Time Ever
☆ Into The Unknown….
The crash in the price of an oil futures contract expiring Tuesday accelerated Monday, falling through $1 a barrel, all the way to one cent, and then turned negative.
MORE ➡️⏩ AFTERNOON THREAD Posts @ 14:00 PDT ?
☆ $20 Barrel Oil: A Bargain For Consumers, Challenge For Producers
Whiting Petroleum Corp., facing more than a quarter-billion dollar debt maturity, filed for bankruptcy Wednesday, perhaps the most illustrious of the shale explorers thus far humbled by an unforgiving rout in every corner of the oil business.
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⏩ MORNING MUSTER Posts@ 03:00 PDT ?
Oil Climbs As U.S. Pushes For An End To The Russia/OPEC Price War
☆ Gas Prices Traditionally Rise On Summer Demand
Oil prices continued to rise for the third day in a row, recovering earlier losses as U.S. lawmakers pressure Saudi Arabia to end the oil price war.
MORE ➡️⏩Afternoon Thread Posts @ 14:00 PDT ?
☆ Safeguarding America’s Energy Independence
President Donald Trump announced during his press conference on Friday on the coronavirus outbreak that the United States will be replenishing its Strategic Petroleum Reserve (SPR) to ensure the nation’s energy security.
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⏩ MORNING MUSTER Posts @ 03:00 PDT ?
France To Ban All Fracking & Drilling: Oil & Gas Output On National Soil In Symbolic Step To Combat Climate Change.
☆ Future Plans Also Include Eliminating Coal & Nuclear
France’s government has unveiled a law to ban all production and exploration of oil and natural gas by 2040 on the country’s mainland and overseas territories. The ban, which the government claims is a world first, is part of a larger plan to wean the country’s economy from fossil fuels, encourage clean energy and fulfill France’s commitments under the Paris Climate Agreement to curb global warming.
MORE ➡️⏩ The ALL NIGHTER Thread Posts @ 19:00 PDT ?
☆ Russia rejects OPEC proposal to cut production 1.5 million barrels per day
Vladimir Putin just sparked what could end up being one of the ugliest oil price wars in modern history, and American oil and gas companies may be the victims.
MORE ➡️⏩ Next Thread Posts @ 14:00 PST ?
☆ The US Has More Than 500 Trillion Cubic Feet Of Known NG Reserves
The U.S. Energy Information Administration just announced some spectacular news that should be banner headlines across the country: The price of natural gas has fallen to its lowest February level in 20 years. The data shows that natural gas prices fell to $1.77 per million British thermal units. In inflation-adjusted terms, the price of gas has plunged by some 80% since its high of $13.60 12 years ago. The price is down 90% since 2005, when prices hit nearly $20. (Quick: Can you think of anything else that now costs one-tenth of what it did 15 years ago?)
MORE ➡️⏩ Next Thread Posts @ 0:600 PST ?
☆ The Communist Bus Driver Strikes Again.
Six American oil executives under house arrest in Venezuela were rounded up by police hours after President Donald Trump met Venezuelan President Nicolás Maduro’s chief opponent at the White House, according to family members of the men.
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