/Oil & Gas News
  • SCADA in Browser

SCADACore Has Acquired Path RF

March 9th, 2017|0 Comments

SCADACore recently announced that it has acquired Path RF. Path RF's free RF Line-of-Sight and Tower Maps (Canada, US) are now found on SCADACore's website. The free tools are especially useful for field [...]

Fed Will Abandon Pretense of Growing Economy After Election

September 26th, 2016|0 Comments

"The Fed always have the fail-safe that they are data dependent. They always say they are going to act based on the data. They have actually never committed to doing anything. What is [...]

  • Oil Prices Up 66 Percent

Crude Oil Setting Up To Surge A Staggering 66 Percent

August 16th, 2016|0 Comments

"A break above here, if seen, would suggest extended gains towards at least the $62.50 area as we move towards early 2017. On a longer term basis the 55 – 200 week moving average setup [...]

27Jul, 2016

Oil Prices Could Fall Into The $30s

By | July 27th, 2016|Categories: Economics, News, Oil Price|0 Comments

"The world remains oversupplied with crude oil, but the fact that it has become very oversupplied with gasoline is currently worrying the market. "The gasoline inventories are 10 percent above a year ago level, and [...]

25Jul, 2016

Dallas Fed Respondents Destroy “No-Doom-And-Gloom” Narrative

By | July 25th, 2016|Categories: Economics, News, Politics, Recession|0 Comments

"With President Obama determined not to allow the nation to believe in reality - proclaiming the error of the "doom and gloom" narrative - we found it fascinating that real Americans (as exemplified by Dallas [...]

19Jul, 2016

Alberta Recession Is Its Worst In Modern History, TD Bank Says

By | July 19th, 2016|Categories: Economics, News, Oil Price|0 Comments

"The recession in Alberta will be its worst in at least three decades and will be among its longest as well, economists at TD Bank said in a new report. The bank recently downgraded its [...]

19Jul, 2016

Fed Is Not Data Dependent; It Is Propping Up Asset Markets

By | July 19th, 2016|Categories: Economics, Federal Reserve, Inflation, Interest Rates, News, QE4|0 Comments

"A former Federal Reserve president admitted the central bank created a phony wealth effect by pumping up stocks and other asset markets through its monetary policy. Several months later, analysis proved this was true, showing [...]

16Jul, 2016

Inflation and the Next US President

By | July 16th, 2016|Categories: Economics, Federal Reserve, Inflation, Interest Rates, News, Politics, QE4|0 Comments

"Even though the Dow is at new highs today, it’s at a two- to three-year low if you price it to real money, which is gold. Stocks are not going up, the [...]

7Jul, 2016

Shrinking Chinese Demand About To Slam Oil Prices

By | July 7th, 2016|Categories: Economics, News, Oil Price|0 Comments

"The oil markets have fallen back from the $50 per barrel mark due to questionable Chinese demand and an expectation of early restoration of supply outages. Crude is currently entering a corrective phase, which could [...]

7Jul, 2016

Oil Price Closes at Near 2-Month Low

By | July 7th, 2016|Categories: Economics, News, Oil Price|0 Comments

"Oil prices fell nearly 5 percent on Thursday, reversing early gains after the U.S. government reported a weekly crude draw that disappointed market bulls expecting larger declines. U.S. commercial crude stockpiles fell by 2.2 million [...]

6Jul, 2016

Crude Oil: The ‘Last Ugly Chapter’ is Yet to Come

By | July 6th, 2016|Categories: Economics, News, Oil Price|0 Comments

"Commodity investors generally agree that the oil market is coming into balance, but huge stockpiles of fuel and teeming strategic Chinese crude inventories could send prices on one last, ugly slide lower, analysts tell CNBC." [...]

6Jul, 2016

Canada Posts Near-Record Trade Deficit in May

By | July 6th, 2016|Categories: Economics, News, Recession|0 Comments

"Canada posted a near-record trade deficit in May, as volumes of both exports and imports slumped. “On the year, imports are down by roughly 2 per cent, highlighting in part the difficulties the Canadian economy [...]

5Jul, 2016

Price of Crude Oil Down, Loonie Falls Nearly a Cent

By | July 5th, 2016|Categories: Economics, News, Oil Price|0 Comments

"Stock markets in North America tumbled, crude oil prices took a drubbing and the Canadian dollar fell nearly a full cent Tuesday, signs that uncertainty about global economic growth and the United Kingdom's decision to [...]