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Tag: low prices
VIDEO: Petrol prices hit four-year low
2014-12-10 20:09:12| BBC News | Business | UK Edition
The average UK price of petrol drops to its lowest level since December 2010.
Low Oil Prices Impacting US Shale Investment
2014-12-08 20:28:25| Energy - Topix.net
With oil prices in free fall, the fear is that hunting for new shale in the U.S. may just not be that profitable. ConocoPhillips became the first major U.S. oil company on Monday to reveal that it is slashing spending for 2015.
Tags: low
prices
investment
oil
Low Oil Prices Impacting US Shale Investment
2014-12-08 19:49:20| Oil & Gas - Topix.net
With oil prices in free fall, the fear is that hunting for new shale in the U.S. may just not be that profitable. ConocoPhillips became the first major U.S. oil company on Monday to reveal that it is slashing spending for 2015.
Tags: low
prices
investment
oil
Low Oil Prices Putting The Freeze On Fracking Projects Around The World
2014-12-08 11:26:00| Climate Ark Climate Change & Global Warming Newsfeed
Business Insider: The collapse of oil prices may have a bigger impact on the shale boom than anyone realizes. The biggest threat may not be to the existing wells in the US, but the untapped resources around the world. According to Bloomberg, "Russia, China, Australia, Mexico and Argentina hold some of the [world's] richest shale reserves," but haven't yet invested in the fracking technology to drill them. Because the price of oil isn't high enough to cover the costs, there's just no economic incentive to start....
Ultra Low Oil Prices Should Mean Windfall Profits For FedEx Near Term
2014-12-02 14:12:52| Air Courier - Topix.net
The recent fall in oil prices stands to give FDX windfall profits for the next two reporting quarters. Beats should translate into stock price appreciation.
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