Oilpocalypse (oil + apocalypse)
“Oilpocalypse” (oil + apocalypse) can mean when the price of oil goes wildly up or down, or when there’s a large oil spill. “Trust me, when the Oilpocalypse comes, I’ll give you advance warning” was cited on Twitter on November 9, 2009. The BP oil spill in the Gulf of Mexico in 2010 was called an “oilpocalypse” on Twitter on April 29, 2010.
Oil prices went down significantly in 2014 and 2015. A headline on the financial blog Zero Hedge on November 13, 2014 was, “Oilpocalypse Now Sends Small Caps To Worst Day In 3 Weeks.” A headline on the Houston (TX) Business Journal on February 2, 2015 was, “Oilpocalypse: Texas energy companies slash jobs, spending.”
Wikipedia: Deepwater Horizon oil spill
The Deepwater Horizon oil spill (also referred to as the BP oil spill, the BP oil disaster, the Gulf of Mexico oil spill, and the Macondo blowout) began on 20 April 2010 in the Gulf of Mexico on the BP-operated Macondo Prospect. Following the explosion and sinking of the Deepwater Horizon oil rig, a sea-floor oil gusher flowed for 87 days, until it was capped on 15 July 2010. Eleven people went missing and were never found and it is considered the largest accidental marine oil spill in the history of the petroleum industry, an estimated 8% to 31% larger in volume than the previously largest, the Ixtoc I oil spill. The US Government estimated the total discharge at 4.9 million barrels (210 million US gal; 780,000 m3). After several failed efforts to contain the flow, the well was declared sealed on 19 September 2010.
Twitter
Erin
@valueofaloonie
@annexw Trust me, when the Oilpocalypse comes, I’ll give you advance warning…enough time for you to sharpen the pitchforks, at least.
1:41 PM - 9 Nov 2009
Twitter
RL Miller
@RL_Miller
Oilpocalypse Now! http://bit.ly/aZkNYk #DeepwaterHorizon #climate #p2 #drillbabydrill #eKos
10:47 AM - 29 Apr 2010
Twitter
Macmillan Dictionary
@MacDictionary
New word in Open Dictionary: oilpocalypse http://www.macmillandictionary.com/open-dictionary/entries/oilpocalypse.htm
5:49 AM - 6 Jul 2010
Twitter
Doug Martin
@douglasmartin
This is depressing if true. How BP may have triggered a ‘world-killing’ event (or “Oilpocalypse” if you will) - http://bit.ly/9NdIyG
11:59 AM - 8 Jul 2010
Zero Hedge
Oilpocalypse Now Sends Small Caps To Worst Day In 3 Weeks
Submitted by Tyler Durden on 11/13/2014 17:06 -0400
WTI Crude plunged another 3.75% to as low as $74.06 today - the lowest since Sept 2010 and dropping at the fastest rate of collapse since Lehman.
Houston (TX) Business Journal
Oilpocalypse: Texas energy companies slash jobs, spending
BY Jordan Blum
Feb 2, 2015, 9:35am CST Updated Feb 2, 2015, 9:40am CST
U.S. oil prices have fallen from more than $100 a barrel in July to less than $50 a barrel today.
As such, production rigs are being removed, jobs are being eliminated en masse, and energy companies are dramatically slashing their capital spending budgets for 2015.
Zero Hedge
Oilpocalypse Wow - Stocks Pop, Dollar Drops As Crude Hits 5-Month Highs
Submitted by Tyler Durden on 04/15/2015 16:07 -0400
Terrible China data… no change from Draghi… and dismal data in the US… BTFATH in stocks and crude’s move made this clip seem more than appropriate as “we see the worst in people”...
Zero Hedge
Oilpocalypse Beats Buyback Bonanza - Traders Sell Everything
Submitted by Tyler Durden on 08/13/2015 16:08 -0400
Another Yuan devaluation, PBOC propaganda, dismal European data, flat US retail sales and recessionary US inventory data… everything must be awesome!! But then again…
Zero Hedge
Oilpocalypse Wow! Stocks, Bond Yields Plunge As Bank Risk Soars
Submitted by Tyler Durden on 02/02/2016 18:23 -0500
What The Bank of Japan gives, The Japanese Finance Ministry taketh away…