Here's why falling oil prices are now a net drag on the US economyMarketWatch“The key point to remember here is that the lower oil prices are now a net drag on the U.S. economy, because the [capital-expenditure] cutbacks triggered in the shale oil busi …

Financial PostNewfoundland's largest-ever oil spill is now impossible to clean upFinancial PostScott Tessier, chief executive of the Canada-Newfoundland and Labrador Offshore Petroleum Board, said no oil sheens were spotted on the water on Monday or Tu …

Why plunging oil prices now hurt—yes hurt—the US economyMarketWatch“The key point to remember here is that the lower oil prices are now a net drag on the U.S. economy, because the [capital-expenditure] cutbacks triggered in the shale oil business outweigh …

Why plunging oil prices now hurt—yes hurt—the U.S. economy ...MarketWatchThanks to the shale revolution, plunging oil prices are a drag on U.S. economic growth, but the hit is uneven, notes one economist.and more » Read more http://news.google.c …

Why plunging oil prices now hurt, yes hurt, the US economyMarketWatch“The key point to remember here is that the lower oil prices are now a net drag on the U.S. economy, because the [capital-expenditure] cutbacks triggered in the shale oil business outweig …

Barron'sWhy the Slump in Oil Prices Is Not Signaling a RecessionBarron'sOil's furious descent in the past six weeks has shaken traders and sown seeds of doubt in the minds of investors: If demand for the economy's most important fuel is weakening, …

Barron'sWhy the slump in oil prices is not signaling a recession - Barron'sBarron'sThe swings in crude oil prices can be largely attributed to supply growth and geopolitics, not the global economy.Oil short-selling jumps in record streak as faith in Op …

Wall Street JournalIran Sanctions Won't Fuel Oil Prices for LongWall Street JournalAnticipation of U.S. sanctions on Iran drove oil prices to multiyear highs last month, but the crude being pumped to replace Iran's supply and easing demand growth f …

Wall Street JournalUS Oil Prices Fall to Lowest Since AprilWall Street JournalEIA reports: Dragging oil prices lower Thursday after declines the previous three sessions were a pair of bearish reports released Wednesday by the Energy Information Administrat …

Wall Street JournalU.S. Oil Prices Fall to Lowest Since April - WSJWall Street JournalU.S. oil prices fell to their lowest intraday level since April as surging U.S. oil production and rising inventories spark concerns of a return to a global oil surplus.E …