Tags » West Texas Intermediate

Braid: NDP deferring more promises as budget day nears

Like a perky spring crocus, oil stuck its head above $40 US per barrel on Thursday. Nothing could make the New Democrats happier as they struggle with an extremely challenging budget coming April 14. 671 more words

Local News

Sheen on the Oil Slick Getting Darker

By David Haggith – Re-Blogged From The Great Recession

Last week, I wrote that the day would come soon when oil prices would take another nasty dive because there is nowhere left to store oil, causing the spot price for immediately delivery to dive toward the zero bound. 1,072 more words

GDP & Employment

What's Driving the Plunge in Oil Prices

Back in 2013, the West Texas Intermediate (WTI) Crude oil price benchmark was around $110. It’s plunged pretty steadily since the middle of last year, and this month it’s down 17%. 1,396 more words