b/d of crude
The 3 Things Behind Mass Social Unrest In Bolivia, Hong Kong, France, Spain, Iraq, Lebanon, Egypt, And Elsewhere
Social unrest seems to be cropping up all over the world, from Hong Kong to Bolivia and Lebanon; we offer up a 3 variable model to help explain why. The inputs: urbanization, income inequality, and average age. Every country currently seeing mass protests has some combination of high levels of the first two and lower readings for…
U.S. Shale Braces For Brutal Earnings Season
A lot of big names will report third-quarter earnings this week, and the results are expected to be worse than the same period in 2018. The timing comes as the shale sector is facing somewhat of a reckoning. After years of price volatility – with more downs than ups – oil prices have failed to return…
‘Rogue’ Oil Trader Lost $320 Million On Wrong-Way Derivatives Bets
“Don’t let anyone deceive you in any way, for that day will not come until the rebellion occurs and the man of lawlessness is revealed, the man doomed to destruction. He will oppose and will exalt himself over everything that is called God or is worshiped, so that he sets himself up in God’s temple,…
U.S. Oil Companies Slash Gulf of Mexico Production as the Storm Bears Down
Paul often clarified the difference between his ministry and that of false teachers by pointing out their greed. In 2 Corinthians 2:17 he wrote, “Unlike so many, we do not peddle the word of God for profit. On the contrary, in Christ, we speak before God with sincerity, as those sent from God.” Peter also warned that one way…
JPMORGAN: WE BELIEVE THE DOLLAR COULD LOSE ITS STATUS AS WORLD’S RESERVE CURRENCY
These same money changers were associated with others who engaged in shady business practices in the temple courts. Some sold sacrificial animals, overcharging people who did not bring their own. Others were in charge of examining the animals to be sacrificed, and it was a simple matter to declare an animal “unapproved” and force the worshiper…
Russia Urges “Independence” from “Imposed World Order” of Us Financial System
The problem with the acceptance and approval of any New World Order is that no government has ever offered, nor will it ever offer, real hope and peace for mankind. When a man turns to government to provide worldwide peace and hope, he becomes disillusioned and enslaved by its false promises. History has proven time…
Waking into Our New Volatile Age of Oil Prices
The Bible has a lot to say on the subject of injustice. We know that God is in favor of justice; we know that He is against injustice, even in the most basic terms. The writer of Proverbs mentions this: “The LORD detests differing weights, / and dishonest scales do not please him” (Proverbs 20:23).…
Merrill Lynch Caught Criminally Manipulating Precious Metals Market “Thousands of Times” over 6 Years
The Bible explains the reason for the trouble. Humanity is sinful, not just in theory or in practice but by nature. Sin is part of the very fiber of our being. The Bible speaks of “sinful flesh” in Romans 8:3. It’s our “earthly nature” that produces the list of sins in Colossians 3:5. And Romans 6:6 speaks of “the…
Persian Gulf Conflict Could Send Oil Beyond $325
There is no doubt that world war will be a part of the future. Christ plainly taught that there would be war prior to His return (Matthew 24:4-31). Some hold that He spoke generally of the Church age in verses 4-14 and spoke of the tribulation period starting at its mid-point in verses 15-31. Others…