Wall Street Journal | For Oil, $50 Isn't Quite the New $70 Wall Street Journal Haven't you heard that 50 is the new 70? Rather than a twist on the line friends tell newly minted septuagenarians, this is the reality for parts of the oil industry. America's shale patch isn't happy about benchmark crude prices dipping below $50 a ... WTI oil price slides under $50 per barrel |