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Olduvai III: Catacylsm
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More Job Losses Coming to U.S. Shale

More Job Losses Coming to U.S. Shale With the recently concluded nuclear deal between Iran and the P5+1 countries, oil prices have already started heading downward on sentiments that Iran’s crude oil supply would further contribute to the already rising global supply glut. The economic crisis in Greece, OPEC’s high production levels and China’s market […]

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Oil Plunge Hits Office Market, But “So Far” No Apocalypse

Oil Plunge Hits Office Market, But “So Far” No Apocalypse “Here in Houston a number of projects have been canceled. Engineers are put on ‘hold.’ There have been some contract engineers laid off, and hiring has been suspended. Everyone is waiting for the other shoe to drop.” That’s how an engineer in the energy sector […]

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Where Oil and Politics Mix – NYTimes.com

Where Oil and Politics Mix – NYTimes.com. TIOGA, N.D. — In late June, as black and gold balloons bobbed above black and gold tables with oil-rig centerpieces, the theme song from “Dallas” warmed up the crowd for the “One Million Barrels, One Million Thanks” celebration. READ PART 1 The Downside of the Boom North Dakota […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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