U.S. Oil

This tag is associated with 2 posts

Why The Price Of Oil Is More Likely To Fall To 20 Rather Than Rise To 80 – OpEd

This is just the beginning of the oil crisis. By Michael Snyder Over the past couple of weeks, the price of U.S. oil has rallied back above 50 dollars a barrel.  In fact, as I write this, it is sitting at $52.93.  But this rally will not last.  In fact, analysts at the big banks … Continue reading

Boom Goes The Dynamite: The Crashing Price Of Oil Is Going To Rip The Global Economy To Shreds – OpEd

By Michael Snyder If you were waiting for a “black swan event” to come along and devastate the global economy, you don’t have to wait any longer.  As I write this, the price of U.S. oil is sitting at $45.76 a barrel.  It has fallen by more than 60 dollars a barrel since June.  There … Continue reading

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