According to the UAE it is not possible for OPEC alone to reverse falling oil prices, the output of shale oil also needs to be curbed as well according to the United Arab Emirates. Is this just sour grapes though? Shale oil has helped to bring oil prices down, but in the past OPEC could…
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According to Fort MacMurray Mayor Melissa Blake nothing can be ruled out and all options are on the table as falling oil prices create the possibility of economic damage to Wood Buffalo. Blake spoke up and said that the local council will have to reexamine the current priorities if falling oil prices continue. According to…
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Falling oil prices could lead to a gas tax hike in the USA if some elected officials have anything to say about it. Right now Americans are enjoying prices at the pump that are the lowest seen in half a decade and some see it as an opportunity to raise some revenue and fix the…
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