Omicron Variant Worries Cause Drop In Oil Prices

(Williston, ND) — North Dakota oil producers are hoping for a recovery in oil prices after worries about the Omicron [[ AHM-ih-cron]] led to a drop in oil prices. The price of WTI oil dropped below 70-dollars a barrel for the first time since September, the worst day since April 2020. North Dakota Petroleum Council president Ron Ness says the biggest challenge to the oil industry is President Biden’s policies that “discourage investment in American energy.”

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