From Popular Science, April 29, 2020

The environment won’t be helped by oil producers declaring bankruptcy

In the past couple weeks, we’ve seen oil prices—already on the decline—plummet to historic lows. On April 20, the benchmark price for U.S. oil dipped to negative $40 a barrel. At the time of writing, the price per barrel for West Texas Intermediate crude, an industry benchmark, was just below $13, still well under the $50 or so needed to make a profit.

Read the entire article here.
 


Founded in Sarasota in 1960, New College of Florida is a top-ranked public liberal arts college and the state’s Honors College of Florida. New College prepares intellectually curious students for lives of great achievement by providing a highly individualized education that integrates academic rigor with career-building experiences. New College offers 45 undergraduate majors in arts, humanities and sciences, a master’s degree program in applied data science, and certificates in technology, finance, and business skills.

Inquiries about this article can be made to 941-487-4157 or to email us.

Do you know of an event or story we should share? Tell us about it.

Related News

Campus News

New College educates Florida’s entrepreneurs
February 15, 2021

New College students have founded multiple successful companies in Florida—after they have graduated and, sometimes, even before.

In the media

What it would really take to save the economy?
December 8, 2020

About four times what Congress is currently proposing, according to one estimate. by Emily Stewart, Vox.com December 8, 2020 The…

In the media

Making the case for the six-hour workday
August 28, 2019

"I think that there's a lot of evidence to suggest that workers aren't productive sitting at a desk for eight…