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Oil Stocks: Bakken Shale Drillers Feel Burn From $30 Crude
Posted by Motley Fool: None Given on February 27th, 2016
Motley Fool: After months of speculation about what oil price would break the back of shale drillers, we finally have that number: $30 a barrel. At least that's the price at which Bakken shale drillers Oasis Petroleum (NYSE:OAS), Whiting Petroleum (NYSE:WLL) and Continental Resources (NYSE:CLR) can no longer keep drilling in the oil play that really turned around America's oil production. That was abundantly clear after reviewing their plans for 2016, with each company basically winding down operations in the...
Posted in Water Conservation 
Comments Off on Oil Stocks: Bakken Shale Drillers Feel Burn From $30 CrudeHarvard Finds Fossil Fuels Indispensable
Posted by Motley Fool: None Given on October 13th, 2013
Motley Fool: At $32.7 billion, Harvard's endowment is among the largest in the country. The strong returns of the assets owned within the endowment are the main reason it has grown so large. In fact, over the past two decades Harvard's endowment has returned 12% per year, with a portion of those gains fueled by the fossil fuel-related investments it has held. Some, however, have suggested that those fossil fuel investments ought not be held, as the emissions these create are what's driving climate change that...