Tag Archives: OPEC

The price of oil: drilling will continue for now, but we need to keep our eyes on the future

The price of oil has collapsed since fall. One result is the steep decline of the price of gas at the pump. When I first looked at falling prices on November 10, the pump price was $2.97 in Red Lodge … Continue reading

Posted in Fracking informaation | Tagged , , , , , , , , | 3 Comments

Oil prices continue to fall: why it is happening and what it means

Cheap gas The price of gas continues to fall. Three weeks ago I noted that gas was at $2.99 in Colum- bus and Red Lodge, and speculated on what falling oil prices might mean to oil drilling along the Beartooth … Continue reading

Posted in Bakken, Fracking Information | Tagged , , , , , , | 8 Comments