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Author Topic: The price is crashing with no end in site. Sell! Sell! Sell! NOW AT $27. NUTS!!!  (Read 298 times)
Gleb Gamow
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January 20, 2016, 07:24:03 AM
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Oil falls 2-3 percent on surplus worries, as U.S. drops toward $27: http://www.reuters.com/article/us-global-oil-idUSKCN0UY04U

Yesterday, gas here was $1.49/gal. Luckily, food prices are still holding steady, not crashing yet. That's a relief!

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February 24, 2016, 08:58:39 AM
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http://money.cnn.com/2016/02/23/news/economy/uk-oil-industry-losing-money/

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The future of Britain's offshore oil industry hangs in the balance as losses mount and investment collapses.

A new report by Oil & Gas UK predicts that 43% of British oil fields in the North Sea will lose money this year if oil prices remain around $30 per barrel.

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February 24, 2016, 02:51:53 PM
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If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around(these banks) will deprive the people of all property until their children wake up homeless on the continent their fathers conquered. - Thomas Jefferson
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