/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 [...]

1Jul, 2016

US Construction Spending Fell Again in May

By | July 1st, 2016|Categories: Economics, News, Recession|0 Comments

"Construction spending declined 0.8 percent in May following a 2 percent tumble in April, the Commerce Department reported Friday. The April figure had been the biggest monthly setback in five years. The back-to-back declines in [...]

30Jun, 2016

Own Gold, Prepare for QE4 as Easing Follows Brexit

By | June 30th, 2016|Categories: Economics, Federal Reserve, Inflation, Interest Rates, News, QE4|0 Comments

"“If Brexit is used as an excuse, the central banks will print more money, QE4 in the U.S. is on the way and the depreciation in the purchasing power of currencies will continue,” Faber said [...]

29Jun, 2016

Brexit’s Impact on the Fed, Gold and Silver

By | June 29th, 2016|Categories: Economics, Federal Reserve, Inflation, Interest Rates, News|0 Comments

"But as far as Brexit is concerned, if the global financial system were healthy, I don’t think Brexit would be that big a deal. I mean, does it really matter whether the U.K. is part [...]

28Jun, 2016

The Oilpatch 2 Years After Prices Plummeted

By | June 28th, 2016|Categories: Economics, News, Oil Price|0 Comments

"In order for the job market to hit bottom and then stabilize, the U.S. Federal Reserve estimated it would take oil prices holding steady at $50 US a barrel for two or three months. In [...]

28Jun, 2016

Oil Up 3 Percent as Turbulence from Brexit Vote Subsides

By | June 28th, 2016|Categories: Economics, News, Oil Price|0 Comments

"Oil prices jumped 3 percent or more on Tuesday with investors buying back into the market after a two-day rout triggered by Britain's vote to leave the European Union. Potential oil supply outages and crude [...]

25Jun, 2016

Peter Schiff: Brexit is a gift for Janet Yellen’s Fed policy

By | June 25th, 2016|Categories: Economics, Federal Reserve, Inflation, Interest Rates, News, QE4|0 Comments

"The Fed's willingness to begin pulling back on crisis era policy was already in doubt. "Now, Janet Yellen can blame her failure to raise rates on Brexit," said Peter Schiff, CEO of Euro Pacific Capital [...]

24Jun, 2016

Brexit Gives Feds Cover to Keep Interest Rates Near Zero

By | June 24th, 2016|Categories: Economics, Federal Reserve, Inflation, Interest Rates, News, QE4|0 Comments

"The successful Brexit vote, and the uncertainty and volatility it has introduced into the global markets, will provide the Federal Reserve with all the cover it could possibly want to hold off on rate increases [...]

24Jun, 2016

Oil Prices Plunge 5% as Britain Votes to Leave EU

By | June 24th, 2016|Categories: Economics, News, Oil Price|0 Comments

"Oil prices settled 5 percent lower on Friday after Britain's vote to leave the European Union spurred massive risk aversion and a rally in safe havens like the U.S. dollar that threatened to cut short [...]

22Jun, 2016

When Low Interest Rates Are Taken Away, The Economy Crashes

By | June 22nd, 2016|Categories: Economics, Federal Reserve, Inflation, Interest Rates, News|0 Comments

"US policymakers should allow inflation to rise above official targets, the International Monetary Fund has recommended, as it warned that the risks of deflation still loom over the world’s largest economy." IMF advised the Fed [...]

20Jun, 2016

Get Ready for $80 Oil

By | June 20th, 2016|Categories: Economics, News, Oil Price|0 Comments

"Over the past few months, we've gained even more confidence that tightening global oil supply/demand dynamics will support a much higher level of oil prices in 2017," the Raymond James & Associates says. "We continue [...]