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Progressive Commentary Hour – 08.15.17

Democratic National Commission and the Clinton Foundation Charles Ortel is a former Wall Street banker, having been a Managing Director at Dillon Read and Newport Value Partners, and private financial investor. In 2007 he became a whistleblower and was instrumental in bringing down General Electric after revealing GE’s fraudulently overvaluing its stock by many billions of dollars to mislead its …

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US drives rainforest destruction by importing Amazon oil, study finds

US imports of crude oil from the Amazon are driving the destruction of some of the rainforest ecosystem’s most pristine areas and releasing copious amounts of greenhouse gases, according to a new report. The study, conducted by environmental group Amazon Watch, found that American refineries processed 230,293 barrels of Amazon crude oil a day last year. And California, despite its green reputation, …

bakkenshale77

Bakken Shale Oil Well Output Drops To Lowest Since 2009 – Tyler Durden

In addition to the EIA’s amusing oil price forecast, which as noted previously leaves quite a bit to be desired considering it was a year ago that the EIA completely failed to anticipate the plunge in crude prices, which have collapsed far below its worst case estimate… … there is another more substantial problem with the EIA predicting a consistent increase in …