NCF Assistant Professor Mark Paul offers insights to a timely topic

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.

 


Located in Sarasota, New College of Florida has educated intellectually curious students for lives of great achievement since its founding in 1960. As the State of Florida’s designated honors college, New College provides an exceptional education that transforms students’ intellectual curiosity into personal accomplishment. The 110-acre campus on Sarasota Bay is home to more than 800 students and 80 full-time faculty engaged in interdisciplinary research and collaborative learning. New College offers nearly 40 areas of concentration for undergraduates and a master’s degree program in Data Science.

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