Crude Oil Prices

[pintailslammer]

How low is going to go
Seen tonight on the News that its at just over $29 a barrell
Gas Prices should be dropping again,, Seen gas is 79.5 in Mannville Ab and Vermilion is at 89.5....What the hell 6cents a litre in town no more than 2000 people and a short 15 minute drive.
Pin

[Jim Blake]

WTI is barely over 25 bucks right now. Our oil is well below that. Some stations are still at 94.9.

[Justfishin73]

Well, awesome

[kritz]

WCS oil that pays for most of the CDN economy is down to 8 bucks. The fall out is going to be huge soon.

[Jim Blake]

WCS oil that pays for most of the CDN economy is down to 8 bucks. The fall out is going to be huge soon.

WCS Heavy at $5.50.....Canadian Light 13.50

[Rocky.Mtn]

Watch dry gas price over the next while.

[elkhunter11]

WCS Heavy at $5.50.....Canadian Light 13.50

The only saviour at this point is that much of the oil being produced, was sold before the crash. When those contracts run out, it will get ugly.

[Buckhead]

The only saviour at this point is that much of the oil being produced, was sold before the crash. When those contracts run out, it will get ugly.

And companies will be cutting their dividends left and right to preserve cash.

[fishtank]

And companies will be cutting their dividends left and right to preserve cash.

they better cut deep, if they want to survived.