oil Apocalypse Archives - Market Mad House

daniel January 31, 2016January 31, 2016 Cheap Oil, Hyperinflation, Hyperinflation in Russia, Low Oil Prices, oil Apocalypse, Oil Collapse, Oil Prices, Putin, Robot Tanks, Russian Collapse, Russian Orthodox Church, Vladimir Putin, What Comes After Putin?

Russia’s Economy is dying from Cheap Oil

Hopefully, we will not end up being nostalgic for the good old days when Vladimir Putin at least maintained an illusion of order in Russia. Cheap oil could soon bring him down and cause the Russian Federation to collapse in the process.

The Death Spiral

daniel January 22, 2016 Dallas Fed, Federal Reserve, Keystone Pipeline, oil Apocalypse, Oil Bankruptcy, Oil Meltdown, Oil Worthless, Zero Hedge

The Oil Apocalypse Is Upon Us

A popular grade of oil, Canadian Bitumen, which is made from Alberta’s tar sands, was trading at $8.35 a barrel during the week of January 11, Bloomberg reported. That’s frightening because as recently as two years ago Canadian Bitumen was fetching $80 a barrel in the world’s markets.

The Death Spiral

daniel January 18, 2016January 23, 2016 $10 Barrel Oil, $15 barrel oil, $20 Barrel Oil, Cheap Oil, oil Apocalypse

Why $20-a-Barrel Oil Should Scare You to Death

These are the results of $30 a barrel oil. What happens with $20 or $15 or $10 a barrel oil? Hyperinflation in every major oil-producing nation is leading to political collapse. What happens if there is hyperinflation in Iran or Saudi Arabia or Nigeria, or worse, what happens if the king of Saudi Arabia can no longer pay his army? Saudi Arabia has a very large modern army with lots of high-tech equipment and large numbers of well-trained soldiers. What happens to it if that state collapses or the king loses his head?