All this energy people put into talking about oil prices! It’s a sorry waste of time, and, even worse, I think they are losing sight of important facts in the whole commodities debate. 1,358 more words
Tags » Crude Prices
After 22 months, India’s central bank has finally decided to cut interest rates by 25 basis points to 7.75%.
The Reserve Bank of India (RBI) had last cut rates in March 2013—and then held its ground to try and contain India’s sticky inflation problem. 505 more words
Crude prices in London and New York rebounded from the lowest closing levels since May 2009 as comments from Saudi Arabia’s oil minister yesterday added to the most-volatile market in three years. 190 more words
As oil indexes continue to trend downward many are wondering if this will spell disaster for the hydraulic fracturing boom long awaited by many Southern Illinois residents. 202 more words
Landowners in Madison County, Illinois, have decided to take their fight against fracturing to the next level. The Madison County group, fronted by an environmental law attorney based in Fairview Heights, have decided to appeal last month’s decision by Madison County Circuit Judge Barbara Crowder. 100 more words
Amid the falling oil prices worldwide, fracking is the star of the moment. With OPEC nations declining to cut production sending crude prices to their lowest point since 2009, many in the energy sector are cautioning producers, and investors alike, to keep calm. 188 more words