Tag Archives: collapse

Mixed Blessings of Cheap Oil

Crude Oil just dropped into the 20’s. That’s $29 per barrel. Don’t think it’s hit bottom. The real value currently is around $17, so the trading value is likely to come down to at least that if not overcorrect and go to $16 or lower.

Why is cheap oil a bad thing?

Pumping Crude Oil
Hate it or love it, the oil industry has single-handedly kept our nation from depression for nearly a decade.

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