Courtesy of IHSMarkit’s energy vice president Roger Diwan How did you end up with negative oil prices today? This happens when a physical futures contract find no buyers close to or at expiry. Let me explain what that means: A physical contract such as the NYMEX WTI has a delivery point at Cushing, OK, & date, […]
Update (2020ET): And there it is: for the first time since the financial crisis, the emini S&P future has hit the limit down band of -5%, something it failed to do even during the May 2010 flash crash. This means that no more trade are allowed below the limit down level until the market opens at […]
By Daniel John Sobieski rescue him from political oblivion. While Romney, who undoubtedly entertained visions of succeeding a President Trump after his vote helped remove from office, says it was his faith that caused him to believe Trump really did abuse his power to pressure the Ukrainians to dig up dirt on the Bidens, more likely […]
President Trump hit the Bidens and Pelosi families tonight in one tweet! President Trump shined light on Paul Pelosi’s shady dealings with Ukraine! Trump linked to an OAN video of Paul Pelosi’s shady deal with Ukrainian energy companies. Paul Pelosi Jr. As it was reported back in November Quid-Pro-Joe and his son Hunter are not the […]
Glenn Beck does more with a chalk board in 6 min 55 seconds than the media does with it’s billions of dollars, newspapers, TV shows in the last week. Glenn’s team did what every good investigative team should do… follow the money! The whole fraud in the Obama administration explained.
(CNSNews.com) – President Donald Trump told a large rally in New Mexico Monday night that he is “battling against the corrupt establishment of the past, and we’re achieving historic victories for the American people.” “Crucially, for your state, we have ended the last administration’s war on American energy,” Trump told the cheering crowd. Trump said […]
Most of us have long understood that Obama is a traitor to our country and a mole whose not so covert mission is to destroy America. The circumstances surrounding the “crash” in Dec 4 2011 of a U.S top secret RQ170 Sentinel drone simply didn’t add up. To recap, first we were told that Iran […]
(CNSNews.com) – President Trump said Tuesday the Iranians were not seizing U.S. ships in the Strait of Hormuz because few U.S. tankers use the Persian Gulf chokepoint nowadays – “because we have our own oil and gas.” “Very few American boats are there,” Trump told an audience at a petrochemicals plant in western Pennsylvania. The […]
Taxpayers from all 50 states pay into the Highway Trust Fund when they fill their tanks with gas or diesel fuel. That sends billions of dollars a year to Washington, which then cuts checks to state governments in the form of infrastructure grants overseen by federal bureaucrats. It’s hard to tell just what shuffling so […]
The citizens of Venezuela have gotten used to spending days parked in mile-long lines for state-owned gasoline as shortages worsened for the world’s largest oil producer. In the capital of Caracas, hundreds of motorists waited in lines last month while carrying rocks and pipes to defend themselves as Venezuela’s socialist regime clung to power, The […]
