Business Insider Australia | The U.S. Oil Bust Just Got Worse Seeking Alpha (registration) The price of oil did today what it has been doing for a while: it waits for a trigger and plunges. As I'm writing this, West Texas Intermediate is down 4.4%, trading at $44.99 a barrel, less than a measly buck away from this oil bust's January low. It ... A Carnage Of Oil And Gas Shares GREENSPAN: The US is producing oil that has nowhere to go Oil CEOs ask Obama administration to lift export ban |