Sentences with phrase «oil and gas prices plummet»

If you buy 4 oil and gas companies, and oil and gas prices plummet, your whole portfolio is impacted.

If you buy 4 oil and gas companies, and oil and gas prices plummet, your whole portfolio is impacted.

Not exact matches

The sell - off originated in the energy sector, as oil prices plummeted and oil and gas companies struggled to pay of their debts.

But plummetting oil and gas prices took a toll on that company too, putting free cash flow and profits under enormous pressure.

Citigroup energy analyst Tim Evans, who has been tracking oil and gas markets since the mid 1990s, says some economists erroneously predicted that most OPEC members would cheat on their commitments and pump above their quotas after oil prices plummeted from a record $ 147 a barrel last July to the mid - $ 30 range by the end of 2008.

Money from oil and gas development is an important source of income in Alaska, which has suffered from recent fiscal woes as the price of oil has plummeted.

Thanks to an oil boom, gas prices at the pump have plummeted, and trucks and SUVs were the best - selling vehicles in the United States last year.

We're nowhere near Peak Oil or Peak Gas — despite what some people were predicting a few years ago — and prices continue to plummet.

In 2008, when hydraulic fracturing took the oil and gas industry by storm, it started a chain reaction that sent the price of both commodities plummeting.

It is especially unfortunate that the Obama administration is taking this step as we approach the 5th anniversary of the Deepwater Horizon tragedy this spring, particularly while oil prices have plummeted and the cost of natural gas is at historic rock bottom.