Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, January 22, 2015

Energy News Roundup: Oil Prices and Your 401k, BHP Cuts US Shale Drilling 40% and RWE Considers Split

Energy News Roundup: Oil Prices and Your 401k, BHP Cuts US Shale Drilling 40% and RWE Considers Split  

By Jared Anderson
460820490
Analysts and economists are trying to figure out how falling oil prices impact various economic sectors. Many 401ks and pension funds invest in oil companies, but as long as funds are diversified they should not be hit too badly by the oil price decline. “But this is precisely why investment advisers tell us to diversify,

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