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Yesterday, Bristol-Myers said its new prices were below its cost.
In 2008 prices were below current levels in the month of January but spiked at over $4 a gallon in the summer.
That system, known as the Regional Greenhouse Gas Initiative, started with far more modest goals than California's, covering a smaller segment of the economy, and for much of its history carbon prices were below $2 a ton.
Other New York runners-up include Rye (10580) in Westchester County and Sagaponack (11962) in the Hamptons, both of which ranked in the top 50; their median home prices were below $1 million, at $950,000 and $915,000, respectively.
For some time, it has been argued that prices were below breakeven costs and must rise, that shale gas decline rates were so high production couldn't be maintained, that Wall Street would force drillers to be more conservative in their investments, and/or that LNG exports would drive prices up.
Similar(55)
His equipment prices are below retail.
Most of the prices are below $10,000.
Already, petrol prices are below 120p a litre, with supermarkets announcing another 2p off.
In most of the UK, prevailing house prices are below their pre-recession peak.
The group said milk prices are below 75percentt of production costs.
But prices are below the crisis lows in 12 of the 18 Democratic states.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com