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Oil Prices Will Sting, but Won't Kill This Government-Backed Commodity

2015-02-08 22:29:58| Food - Topix.net

Falling oil prices have sent a shock wave through the energy sector. For consumers, however, there's been more joy than pain.

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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.

Tags: low prices industry oil

 
 

Oil Prices Will Sting, but Won't Kill This Government-Backed Commodity

2015-02-08 18:37:01| Agriculture - Topix.net

Falling oil prices have sent a shock wave through the energy sector. For consumers, however, there's been more joy than pain.

Tags: prices oil kill commodity

 

Dropping Oil Prices Forcing Hundreds of Layoffs in South Texas

2015-02-07 21:41:17| Oil & Gas - Topix.net

A worldwide oil glut has driven prices down by more than half since last summer, and that impact is being felt down here in South Texas, with layoffs starting to trickle in by the hundreds in the oil and gas industry. The oil services company Schlumberger has announced that they are laying off 9,000 employees nationwide.

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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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