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Low Oil Prices Threaten U.S. Fracking Industry

2015-02-08 22:09:25| Electronics - Topix.net

Some North Dakota companies have shut down 40 percent of their operations as plummeting oil prices render the industry far less viable than during the boom of the past five years. Rigs across the US are being deactivated at a rate of nearly 100 a week.

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The effect of low oil prices on 401Ks and investments

2015-02-07 09:07:38| Oil & Gas - Topix.net

Though gas prices are still much lower than they were last year, the amount per gallon is higher than it was last week. As the prices in East Texas begin to creep toward and above $2.00, it's hard not to wish the cheap gas would stay put.

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Low Oil Prices Hit Industry Giants Hard

2015-02-03 22:38:56| Chemicals - Topix.net

Regular gas cash price is displayed for $1.79 a gallon at a Mobil station January 6, 2015 in Livonia, Michigan. BP and Exxon Mobil attribute their loss in earnings to the steep fall in oil prices.

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Low crude prices prompt withdrawal of Carson oil-drilling project

2015-01-27 09:09:38| Energy - Topix.net

A 200-well oil and gas-drilling project planned for Carson's Dominguez Oil Field has been scrapped in the face of declining crude values and a recent boom in domestic production, officials announced Monday. California Resources Corp., a spinoff of one of the country's largest oil producers, Occidental Petroleum Corp., withdrew its application with the city to dig horizontal and vertical wells on a 6.5-acre industrial park at 1450 Charles Willard St., near the StubHub Center.

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Low Oil Prices: Is It Different This Time?

2015-01-21 23:00:00| Waste Age

<a href="http://fleetowner.com/">Fleet Owner</a> Funny thing about that old saying the more things change, the more they stay the same when tagged to the recent global oil price crash and resultant fuel price decline in the U.S.: Weve definitely been here before. read more

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