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The Fed Is Driving Down Oil Prices

Green Car Congress

Federal Reserve announced another rate hike a few days ago, which helped edge up the dollar to a new high for the year. The greenback has “a little room to run,” Kathy Jones, a New York-based chief fixed-income strategist at Charles Schwab, said in a Bloomberg interview. “We But the U.S. dollar cannot be discounted.

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Opinion: Busting The “Canadian Bakken” Myth

Green Car Congress

“NEB and GNWT study finds 200 billion barrels of oil in the Sahtu,” gushed CBC News , referring to a region of the sprawling territory that cuts across three provinces and touches the Arctic Ocean. China, and Argentina, combined. But as was mentioned earlier, the NEB did not do that recoverable-oil calculation.

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