Home » Posts tagged 'Wall Street Journal' (Page 2)
Tag Archives: Wall Street Journal
Will the Fracking Revolution Peak Before Ever Making Money?
Will the Fracking Revolution Peak Before Ever Making Money? This week, the Wall Street Journal highlighted that the U.S. oil and gas shale industry, already struggling financially, is now facing “core operational issues.” That should be a truly frightening prospect for investors in American fracking operations, but one which DeSmog has long been warning of. This one line from the Journal sums up […]
Weekly Commentary: No Coincidences
Weekly Commentary: No Coincidences September 20 – Wall Street Journal (Daniel Kruger): “The Federal Reserve Bank of New York will offer to add at least $75 billion daily to the financial system through Oct. 10, prolonging its efforts to relieve funding pressure in money markets. In addition to at least $75 billion in overnight loans, […]
“A Murderer’s Row”: Oil And Gas Bankruptcies To Accelerate As $137 Billion Debt Matures Over Next Two Years
“A Murderer’s Row”: Oil And Gas Bankruptcies To Accelerate As $137 Billion Debt Matures Over Next Two Years Oil and gas companies are facing an onslaught of bankruptcies as the “shale revolution” appears to be coming to an unceremonious end, at least on Wall Street, according to the Wall Street Journal. Companies like Sanchez Energy Corp., Halcon Resources […]
Ceasefire On The Rocks? Trump Sanctions Chinese Firm For Importing Iranian Crude
Ceasefire On The Rocks? Trump Sanctions Chinese Firm For Importing Iranian Crude A huge escalatory step in the US-led economic war on Tehran and its global oil exports, and amid continued trade tensions with Beijing: the US State Department said Monday the US will impose new sanctions against a Chinese company for transporting Iranian crude in contravention […]
Hundreds Of US Troops Begin Deployment To Saudi Arabia To Counter Iran
Hundreds Of US Troops Begin Deployment To Saudi Arabia To Counter Iran The deployment of hundreds of US troops to Saudi Arabia as part of a build-up to counter Iran in the region amid soaring tensions and a dangerously ratcheting “tanker war” has begun, TheWall Street Journal reported Friday night. The Pentagon first revealed on Wednesday that 500 of the 1000 […]
China’s Losing Control Of Its Crushing Debt Load As Defaults And Missed Payments Skyrocket
China’s Losing Control Of Its Crushing Debt Load As Defaults And Missed Payments Skyrocket China’s economic slowdown and heavy debt load is affecting everybody in the country – even it’s “jewelry queen”, Zhou Xiaoguang, according to the Wall Street Journal. Zhou, who went from selling trinkets on city streets to taking a seat in China’s parliament and becoming […]
Iran Expected To “Go Nuclear” By Breaching Parts Of JCPOA, Europe Warns
Iran Expected To “Go Nuclear” By Breaching Parts Of JCPOA, Europe Warns Iran is expected to go nuclear, by backing out of some of the terms of the 2015 nuclear deal (JCPOA), at a sensitive time when Washington appears to be ramping up military readiness in response to what the White House says are credible threats against US […]
The Lesson Of Argentina: You Can’t Stabilize A Bankrupt Economy
The Lesson Of Argentina: You Can’t Stabilize A Bankrupt Economy So the U.S. puts Republicans (the party of small government) in charge, and gets… trillion dollar deficits as far as the eye can see AND a revival of socialism among Democrats. Scary as this may seem, the real (and even scarier) lesson is that it’s […]
Why All the Uproar Over the Green New Deal?
Why All the Uproar Over the Green New Deal? Pulp mill, Longview, Washington. Photo: Jeffrey St. Clair. Same ol’ same ol’ battle: The more things change, the more they stay the same On August 21, 2009, The Wall Street Journal reported that “…many scientists say deep emissions cuts are necessary … to prevent … dangerous consequences of global warming,” and also reported […]
Bayer Loses Second Roundup Glyphosate Trial; Ordered To Pay $80 Million
Bayer Loses Second Roundup Glyphosate Trial; Ordered To Pay $80 Million Bayer AG has lost a second trial over claims that its Roundup weed killer causes cancer – and has been ordered by a San Fancisco jury to pay compensatory damages of $5.3 million and punitive damages of $75 million to a 70-year-old California man, Edwin Hardeman, who […]
Fracking 2.0 Was a Financial Disaster, Will Fracking 3.0 Be Different?
Fracking 2.0 Was a Financial Disaster, Will Fracking 3.0 Be Different? Two years ago, the U.S. fracking industry was trying to recover from the crash in the price of oil. Shale companies were promoting the idea that fracking was viable even at low oil prices (despite losing money when oil prices were high). At the time, no one was […]
Trade War Deepens: China Bans Canadian Canola Shipments Amid Soaring Diplomatic Tensions
Trade War Deepens: China Bans Canadian Canola Shipments Amid Soaring Diplomatic Tensions Canada’s largest grain processor said Tuesday that Beijing has canceled its registration to ship canola seed to China, fueled by the arrest of a top executive for the Chinese tech giant Huawei, The Wall Street Journal reported. The move suggests that rising diplomatic tensions between China and […]
Wall Street Loses Faith In Shale
Wall Street Loses Faith In Shale To Wall Street, the shale industry has lost a lot of its allure. A decade’s worth of promises have failed to materialize, and Big Finance is cutting some of its ties with smaller shale drillers who have not delivered. The Wall Street Journal reports that the shale industry only saw $22 […]
Get Ready To Pay More For Toilet Paper, Cat Litter And Garbage Bags
Get Ready To Pay More For Toilet Paper, Cat Litter And Garbage Bags After finding they could largely get away with raising prices last year, makers of household staples are planning another round of inflationary price hikes in order to offset higher commodity costs and boost profits, according to the Wall Street Journal. Unsurprisingly, the price […]
OPEC Proposes Formal Oil-Production Alliance With Russia
OPEC Proposes Formal Oil-Production Alliance With Russia Even as the US brought sanctions against Venezuela’s state-run oil company, oil prices have slumped over the past week, erasing some of a January rebound that saw crude prices rebound alongside equities. But oil bulls who worried that Saudi Arabia and Russia’s tandem production cuts wouldn’t be enough […]
