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Rising Rig Count Leads US Shale To Kill Off The OPEC-Driven Oil Price Rally

Rising Rig Count Leads US Shale To Kill Off The OPEC-Driven Oil Price Rally

With US crude inventories at record highs and production surging higher, the ongoing oil rig count rise in America (up 8 to 617 - 8th week in a row and highest since Sept 2015) signals more 'problems' ahead for a record level of speculative long positioning in black gold.

  • *U.S. OIL RIG COUNT UP 8 TO 617 , BAKER HUGHES SAYS :BHI US
  • *U.S. GAS RIG COUNT UP 5 TO 151 , BAKER HUGHES SAYS :BHI US

 

The Inconvenient Truth About American Wages

The Inconvenient Truth About American Wages

Authored by former Ohio State Senator Nina Turner viaThe Hill.com,

My grandmother used to say, “You can put truth in the river five days after a lie; truth is gone catch up.”

Well, here’s the truth: The working men and women of this country are working more jobs and more hours, and they’re still barely hanging on. Beneath those fingertips, they can feel that middle-class dream – the American dream – slipping right away from them. It’s time for President Trump to do something about it.

Video Emerges Of U.S. Marines Rolling Into Syria For Raqqa Offensive

Video Emerges Of U.S. Marines Rolling Into Syria For Raqqa Offensive

Yesterday we noted that the Trump administration was mulling over sending 100s of U.S. Marines to Raqqa to establish an outpost from which they could fire artillery at IS positions to support U.S. special forces and Kurdish fighters already on the ground.  Now, just one day later, video has emerged of dozens of heavily armored vehicles flying U.S. flags moving through desolate Syrian villages on their way to do just that.

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