Project cancellations, spending cuts, well shut-ins: the problems and dilemmas plaguing onshore oil producers have also spread to offshore. And while the effects of the Covid-19 pandemic on onshore drilling may already be wearing off here and there where drilling is cheap, they may linger for longer offshore. Despite major […]
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A Second wave of Covid-19 cases is a major risk for the energy market, the International Energy Agency (IEA) has warned. The agency raised its outlook for oil demand, which will still see a record drop this year. In its key monthly report published on Thursday, the Paris-based energy watchdog […]
Low-Balling The Unemployed In The 2020 Economic Collapse By Jack Rasmus, Predicting the Global Economic Crisis. May 12, 2020 Low-Balling The Unemployed In The 2020 Economic Collapse2020-05-122020-05-12https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/05/jobless-claims-arrow-up-e1589302151987.png200px200px Above photo: From Yahoo.com. This past Friday, May 8, the US Labor Dept. released its latest jobless figures. The official report was 20 […]