County, Opinion

Another View: Oil boom hasn’t busted, but our falling oil prices can’t be ignored

RBC I It was just last month that I asked, in this magazine (High Country News), whether falling oil prices would kill the shale revolution. At the time, a “low” price for oil was $80 per barrel, which was more than 30 percent lower than the summer high.

Surely, if it dropped below that, there’d be trouble in the patch. That seemed unlikely at the time: Many analysts predicted that it was only…