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Low oil prices are pumping up U.S. economy

2015-01-19 01:30:22| Railroads - Topix.net

Lower prices put cash in consumers' hands. 'It's like getting a tax break of almost $2,000,' says CSX Corp.s' Clarence Gooden.

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5 reasons why low oil prices are good for the environment

2015-01-18 19:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Eco-Business: Low oil prices are to be cheered: may they stay low for a long time and decrease even further. Here are five reasons why they are great for our health and that of the planet. 1. The end of fossil fuel subsidies Our binge on fossil fuels is partly driven by gigantic subsidies. Low oil prices allow these to be tackled without a material impact on consumer (read voter) pockets. According to the IMF, we subsidise fossil fuels by 1.3tn each year, with US subsidies alone amounting to 333 bn. Leadership...

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How lower oil prices could fuel more hiring in U.S.

2015-01-18 18:16:35| Auto Dealers - Topix.net

Oil rig worker Travis Custer maneuvers a "main head" toward the Nabors No. 140 oil rig near Persham, N.D. The main head helps control the oil once it starts flowing.

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Declining oil prices forcing industry to cut jobs in Tulsa

2015-01-17 20:39:29| Energy - Topix.net

The Tulsa World reports that Apache Corp., Baker Hughes and Schlumberger have begun laying off employees in response to the oil price crash in the past six months. Apache Corp. has announced across-the-board job cuts that will likely impact several hundred employees companywide and at least some in Tulsa.

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Declining oil prices forcing industry to cut jobs in Tulsa

2015-01-17 20:21:53| Oil & Gas - Topix.net

The Tulsa World reports that Apache Corp., Baker Hughes and Schlumberger have begun laying off employees in response to the oil price crash in the past six months. Apache Corp. has announced across-the-board job cuts that will likely impact several hundred employees companywide and at least some in Tulsa.

Tags: jobs prices industry cut

 

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