Finallym the price
of oil declined again last week, but gasoline prices and usage still show the choke collar engaged: Gasoline prices finally fell last week, down $.03 from $ 3.83 to $ 3.80.
The yield on the US 10 - year Treasury note rose 10 basis points on the week to 2.39 %, while the price of West Texas Intermediate
crude oil declined modestly to $ 44.50 a barrel from $ 45.40 a week ago.
But as the US reliance of
foreign oil declines, fewer petrodollars should result in relatively smaller purchases of US bonds.
«The current bull market is not going to end simply because «stocks have gone up too much»... The buyside is fairly cautious, seeing downside stemming from: (i) deflationary pressures of the 40 % year -
over-year oil decline, deceleration in China, Eurozone weakness, and the fall in 5 - year inflation breakevens; and (ii) Fed monetary tightening... Capital stock is again showing signs of pent - up demand, and as a consequence, companies and households will have to invest.
Proposed Harrisburg School District budget could cut kindergarten to half days Venezuela's
oil decline reaches new depths US Treasury says Q1 borrowing set record of $ 488 billion Canadians to begin feeling pinch from increasing mountains of debt,... [Read More]
For example, the Vanguard portfolio holds the broadest array of energy stocks, meaning it holds more of the smaller companies that could face real trouble should
oil decline further but are likely to surge when oil prices reverse.
They do not recognize that if we don't take action on the
impending oil decline, populations are going to suffer beyond what most can imagine.»
With the price
of oil declining to the mid - $ 70 range and next year's budget being prepared, Jonathan Teghtmeyer has shared 9 ways that Alberta could better manage our resources.
Combined with renewables — which Macaulay expects are unlikely to generate more than 20 or 30 percent of global power supply — he thinks gas will continue to gain share as the use of
oil declines.
Robin Campbell (West Yellowhead): As the price of
oil declines, the soft - spoken Mr. Campbell finds himself in a situation where he must deal with his party's poor long - term financial planning.
If the price of
oil declines and an energy company bases its revenues on oil prices — this means lower revenues.
Perhaps given the pain inflicted on Emerson from
the oil decline, shareholders should be happy to receive a raise after all.
The central issues of climate change and
oil decline are so broad and complex that both science and advocacy fall victim to the recency effect.