Guess which industries aren’t happy about cheap oil

It’s impossible to miss all the headlines these days about the crash in energy prices and the damage it is doing to the balance sheets of firms in the oil, gas and coal businesses. But the ripples from the price plunge extend beyond the coal miners and ExxonMobils of the world. A slew of industries tied to the energy world are also suffering, with little relief in sight.

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Will La Nina save natural gas?

Oil and natural gas prices remain in the doldrums, and the odds of an immediate turnaround look long indeed. But with these volatile markets, you can never say never. And while unlikely in the short term, there are a couple of wild card factors that could give energy markets a lift later this year.

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Did OPEC tank the oil market again?

What a wild week in the energy world! Crude oil, already in the doldrums, is selling off on renewed fears of oversupply in the market. Natural gas producers can’t give the stuff away. And world leaders just adopted a major agreement on reducing greenhouse gas emissions.

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