Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Oil keeps falling. And falling. How low can it go?

 


DALLAS — The price of oil keeps falling. And falling. And falling. It has to stop somewhere, right?

Even after trending down for a year and a half, U.S. crude has fallen another 17 percent since the start of the year and is now probing depths not seen since 2003.

"All you can do is forecast direction, and the direction of price is still down," says Larry Goldstein of the Energy Policy Research Foundation, who predicted a decline in oil in 2014.

http://www.startribune.com/oil-keeps-falling-and-falling-how-low-can-it-go/365030631/

 

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