"The role of Ukraine as a transit country will be nullified." 
--Gazprom-CEO Alexei Miller am 6. Dezember 2014

Zur Infografik von Alex Beaurieux, erschienen auf SIPER (Dezember 2014) »


"Do you think that $50 oil is going to make the world safe for WalMart, Walt Disney World, and Happy Motoring? In fact, $50 oil is going to crush what is left of the US Oil industry, especially fracking for shale oil and deep water drilling. And guess what — everything else is depleting at about 5 percent a year. The frackers will never again get access to the sort of junk bond financing that allowed them to ramp up their Ponzi demonstration projects in the Bakken and Eagle Ford. And they will never again regain their current level of production — which is the net result of past Ponzi financing, now ending in tears. So, forget “Saudi America” and “energy independence,” unless you mean living in a walkable community near a navigable waterway."

Zum Artikel von James Howard Kunstler, erschienen auf Clusterfuck Nation (26. Januar 2015) »
US Goverment // Public Domain


"Over the course of 2014 the prices the world pays for crude oil have tumbled from over $125 per barrel to around $45 per barrel now, and could easily drop further before heading much higher before collapsing again before spiking again. You get the idea. In the end, the wild whipsawing of the oil market, and the even wilder whipsawing of financial markets, currencies and the rolling bankruptcies of energy companies, then the entities that financed them, then national defaults of the countries that backed these entities, will in due course cause industrial economies to collapse [...] And so on until the last industrialist dies. His cause of death will be listed as “whiplash”: the “shaken industrialist syndrome,” if you will. Oil prices too high/low in rapid alternation will have caused his neck to snap. Some artisans will collect a bit of oil from some slowly oozing old wells, refine it using clay pots heated with wood, and use it to power an antique hearse that will take the planet's last industrialist to the industrialist boneyard."

Zum Artikel von Dmitry Orlov, erschienen auf ClubOrlov (20. Januar 2015) »


"We should also keep our eye on the political system which retains power regardless of which party or politico is in office: the Deep State.The Deep State exists to maintain the essential infrastructure of global power and domestic stability ... From this point of view, a rapid decline in U.S. oil production and a corresponding increase in oil imports is a positive development for this basic reason: if cheap oil is becoming increasingly scarce, then it makes all the sense in the world to burn everyone else's cheap oil and keep our reserves in the ground for later use, when all the cheap oil is gone ... Since cheap oil will eventually become scarce for all the reasons listed here and elsewhere many times--depletion of easy-to-pump reserves, geopolitical instability, rising domestic consumption in oil-exporting nations and a contraction in capital available to replace declining production--it makes excellent sense to consume all the oil anyone is willing to sell for $40-$50/barrel and retain one's own reserves for the time when $100/barrel has become "cheap" ... It's always wise to remember the elected government is the ant riding on the Deep State elephant, grandly declaring it guides the great beast."

Zum Artikel von Charles Hugh Smith, erschienen auf oftwominds (12. Januar 2015) »


"I'm sure we're never going to see $100 anymore. I said a year ago, the price of oil above $100 is artificial ... Plus, remember there is an agenda here also. Although Saudi Arabia and OPEC countries did not engineer the reduction in the price of oil, there's a positive side effect, whereby at a certain price, we will see how many shale oil production companies run out of business. So although we are caught off guard by this, we are capitalizing on this matter whereby we'll live with $50 temporarily, to see how much new supply there will be, because this will render many new projects economically unfeasible ... But I'll tell you Saudi Arabia and Russia are in bed together here. And both are being hurt simultaneously. And there's no political conspiracy whatsoever against Russia. Because we are shooting ourselves in the foot if we do that ... No one knows for sure what price is the breaking point for shale. Wells have a higher production cost. And very clearly these will run out of business, or at least not be economical. At $50, will it still be economically feasible?"

Zum Interview mit Prince Alwaleed bin Talal, erschienen auf USA Today (11. Januar 2015) »