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Oil Price Drop; Thank Domestic Production

Tuesday, September 01, 2015

Oil Price Drop; Thank Domestic Production

Following nearly a decade of collective record profits, US oil companies have been forced to decommission about 40% of the rigs fully functioning no more than two years ago. Having dropped 50% since June of 2014, the price of a barrel of...

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Another Drop in Oil Prices Projected

Monday, March 16, 2015

Another Drop in Oil Prices Projected

With oil prices having dropped immensely over the past year, analysts are indicating there is likely another price fall in the very near future. Even after having stabilized over the past month to about $50 per barrel, there are signs on the...

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