Remove Inventory Remove North Dakota Remove Price Reduction Remove United States
article thumbnail

The Politics of Global Oil

Supply Chain View from the Field

Oil prices continued to plummet last week to below $60, and experts predict that it could continue to drop. Bigger operations, such as the major projects in the Canadian oil sands, can continue to operate profitably at oil prices upward of $40/bbl, so will be relatively untouched by these developments. There is some truth to this.

Global 68