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Tag: oil prices
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
Oil Prices Drop As Global Warming Rises
2015-01-21 02:19:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: With oil prices plunging from more than $100 a barrel last summer to below $50 now, the consequences of a petro-fuelled economy are hitting homeespecially in Alberta, where experts forecast a recession. The provinces projected budget surplus has turned into a $500-million deficit on top of a $12-billion debt, with predicted revenue losses of $11 billion or more over the next three or four years if prices stay low or continue to drop as expected. Albertas government is talking about service reductions,...
Steve Beaman: Oil & Gasoline Prices Won't Rebound Soon
2015-01-21 00:41:36| Biotech - Topix.net
Oil and gasoline prices have dropped to 5 ½-year lows in recent days, and Steve Beaman, chairman of the Society to Advance Financial Education, told Newsmax TV that he doesn't see them coming back soon. U.S. crude oil traded at $46.49 a barrel Tuesday afternoon, and national regular gas prices averaged $2.05 a gallon.
Are falling oil prices a sign of a coming bear market?
2015-01-19 13:26:31| IT Services - Topix.net
Crude oil prices have been in a death spiral for some six months now, evoking all manner of commentary in the financial press as to whether this is indicative of the bull market being on the ropes. That's because oil prices typically drop during recessions and bear markets, and drop they certainly have.
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Falling Oil Prices Pose Another Delay B.C. Pipelines
2015-01-19 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Globe and Mail: Analysts say that kind of instability hasn't yet changed the economic imperative for Canada's oil industry to open up its first major conduit to Pacific markets, but most agree that a months-long downturn in oil prices could slow investment in oil sands expansion, which in turn could decrease the supply of oil available to any future pipelines. Werner Antweiler, an energy economics professor at the University of B.C.'s Sauder School of Business, said the gap of "almost $30" a barrel that existed...
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