Why falling oil prices is not profitable US?

Why falling oil prices is not profitable US?

9 December 2014, 09:17
Vasilii Apostolidi
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WTI crude oil in New York, the dollar is worth 62.50, futures North Sea oil Brent traded at 65.44 a dollar - about 1% below the closing level on Monday.

 

On the one hand like a well that oil is getting cheaper. You can buy a cheap source of energy.

 

But here et danger to market US shale oil. Since the return of shale oil is somewhere 80-100 dollars per barrels.

If the price of oil will continue to fall, it could cause a crisis companies extracting shale oil.

The second negative is that the US missed its lideostvo sector economy to China, which buys cheap oil and increases its production.

If the US was involved in snmizheniyu oil prices in order to put pressure on Russia, it is not thought the opposite effect.

 

 

 

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