No Picture

Chinese Coal Industry Sees Earnings Explode In 2016

China recently reported rising coal industry earnings. The Chinese National Bureau of statistics mentioned a growth of “157 percent in the first 11 months of 2016”, while industries such as oil and gas drilling along with power supply saw profits decline in the subsequent period. This continued use of coal mirrors the rise in coal-fired power plants under construction or completed by China and India, African nations, and many European countries (Germany and Britain are shockingly big users of coal) as well. According to the International…


No Picture

Chinese Coal Industry Sees Earnings Explode In 2016

China recently reported rising coal industry earnings. The Chinese National Bureau of statistics mentioned a growth of “157 percent in the first 11 months of 2016”, while industries such as oil and gas drilling along with power supply saw profits decline in the subsequent period. This continued use of coal mirrors the rise in coal-fired power plants under construction or completed by China and India, African nations, and many European countries (Germany and Britain are shockingly big users of coal) as well. According to the International…


No Picture

Chinese Coal Industry Sees Earnings Explode In 2016

China recently reported rising coal industry earnings. The Chinese National Bureau of statistics mentioned a growth of “157 percent in the first 11 months of 2016”, while industries such as oil and gas drilling along with power supply saw profits decline in the subsequent period. This continued use of coal mirrors the rise in coal-fired power plants under construction or completed by China and India, African nations, and many European countries (Germany and Britain are shockingly big users of coal) as well. According to the International…


No Picture

Lame Duck John Kerry Slaps Israel Once Last Time Over Settlements

Put the validity of Kerry’s claims on pause for a moment and think about what Obama is doing here. He is the very definition of lame duck. His legacy was roundly repudiated on election night with the election of Trump. They know Trump is very pro-Israel, yet according to Israeli sources they put the UN up to the task of passing a resolution that demanded an end to Israeli settlements.

This is the exact opposite of creating a seamless transition to power for Trump. Everything these clowns are doing now, their vindictive agenda trolling, will have to be undone by Trump.

Here’s Kerry calling Netanyahu the most right wing in Israeli history. I’ve never heard an America Secretary of State speak like this about Israel.

Kerry says PM Netanyahu’s coalition is the “most right-wing in Israeli history” https://t.co/dO3ZqGI7vI

— NBC News (@NBCNews) December 28, 2016

And here is Kerry chiding Israel about its values, saying ‘they can either be Jewish or democratic, it cannot be both.’ I don’t recall Kerry doing a presser suggesting the same advice for our dear friends in Saudi Arabia.

Kerry speaks on Israel: “If the choice is one state, Israel can either be Jewish or democratic. It cannot be both.” https://t.co/M7xk7tf45h

— NBC News (@NBCNews) December 28, 2016

 

Content originally generated at iBankCoin.com

The post Lame Duck John Kerry Slaps Israel Once Last Time Over Settlements appeared first on crude-oil.top.


No Picture

US House Energy and Commerce leaders ask GAO to examine SPR

US House Energy and Commerce Committee leaders asked the Government Accountability Office to investigate whether the US Strategic Petroleum Reserve is being managed effectively and if the US should continue its participation in the International Energy…


No Picture

Can The Canadian Oil Industry Recover In 2017?

Even with oil barely over half of what it fetched in June of 2014 and the active drilling rig count doing better than (December 20, 2016 – 257, December 16, 2014 – 420; source JWN Rig Locator) compared to two years ago, it is obviously reckless to declare next year a success while it hasn’t even started yet. However, it appears 2017 will provide significantly better times than the two previous years perhaps not by design but by exception. It won’t be as bad as 2016 because oil and gas prices are higher and it looks to be…


No Picture

Can The Canadian Oil Industry Recover In 2017?

Even with oil barely over half of what it fetched in June of 2014 and the active drilling rig count doing better than (December 20, 2016 – 257, December 16, 2014 – 420; source JWN Rig Locator) compared to two years ago, it is obviously reckless to declare next year a success while it hasn’t even started yet. However, it appears 2017 will provide significantly better times than the two previous years perhaps not by design but by exception. It won’t be as bad as 2016 because oil and gas prices are higher and it looks to be…


No Picture

Natural Gas Drillers Rush To Hedge Production As Prices Soar

Natural gas prices are soaring on cold weather and falling production, spreading optimistic conditions for gas producers for the first time in years. Natural gas spot prices are at their highest point since 2014, boosting share prices for drillers across the industry. Because natural gas prices are notoriously volatile, many companies are not taking any chances, locking in hedges for future production. According to S&P Global Market Intelligence, many top U.S. natural gas producers have already started to secure hedges for their production…


No Picture

China’s Central Bank Slams “Irresponsible” Media Reports Than Yuan Broke The “Psychological Threshold” Of 7.00/$

In what seems a remarkably quick and aggressive response to ‘fake news’ in a data feed, China’s central bank issued a statement slamming “irresponsible media” reports that the onshore Yuan rate broke the “psychological threshold” of 7.00/$. The 6 handl…

The post China’s Central Bank Slams “Irresponsible” Media Reports Than Yuan Broke The “Psychological Threshold” Of 7.00/$ appeared first on crude-oil.top.