New York Times | Oil Prices: What's Behind the Drop New York Times The oil industry, with its history of booms and busts, appears to be in the early stages of its latest downturn. The price of oil has plunged more than 55 percent to under $50 a barrel since June. That is the lowest price since the depths of the 2009 ... Consumers are cheering cheap oil - where should you invest to cash in? America's Going to Lose the Oil Price War The Down Side Of Low Gas And Oil Prices |