Cost Of Oil Continues Steep Drops, As US Production Increases And Foreign Companies Lower Price

RIDGWAY, IL - JANUARY 21: An idled pump jack, once used to extract crude oil from the ground, sits rusting above a well on the edge of a farmers field on January 21, 2015 near Ridgway, Illinois. With oil prices near a 5 1/2-year low, oil companies are beginning to slow drilling operations in the United States. (Photo by Scott Olson/Getty Images)
RIDGWAY, IL - JANUARY 21: An idled pump jack, once used to extract crude oil from the ground, sits rusting above a well on the edge of a farmers field on January 21, 2015 near Ridgway, Illinois. With oil prices near a 5 1/2-year low, oil companies are beginning to slow drilling operations in the United States. (Photo by Scott Olson/Getty Images)
Cost Of Oil Continues Steep Drops, As US Production Increases And Foreign Companies Lower Price
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Credit:
Scott Olson / Staff
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461914434
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Getty Images News
Date created:
21 January, 2015
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Getty Images North America
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