Three things you shouldn’t miss this week Chart: Oil production break even prices: Article: Oil price plunge means survival of fittest – Crude at $70 puts at least 1.5m b/d of projects for 2016 at risk Article: Fracking could carry unforeseen risks as thalidomide and asbestos did, says report produced by Government Chief Scientist – Historic innovations that have been adopted too hastily with grave unforeseen impacts provide cautionary examples for potential side effects of fracking. The price of oil crashed below $65/barrel this week, its lowest level since 2009. The speed of the fall, from $100/barrel as recently as September, has caused mayhem in the financial markets. The price drop may be seen by some as a Christmas present for motorists, but for oil companies already struggling with spiralling costs, and oil producing nations trying to balance state budgets, this […]