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Analysts believe some mines may have to close, since they seem unprofitable at the current price levels.
They have so much excess capacity that production of some basic steel products has become unprofitable at home and abroad.
Burned in the past by price spikes that proved ephemeral, the oil industry has become extremely reluctant to invest in wells that would be unprofitable at low prices, so it has none to reopen now.
And attacking the bottom of the stack is challenging as well …and relatively unprofitable at that.
At the start of this week, Malcolm Webb, chief executive of Oil and Gas UK, said "a significant amount" of UK oil and gas production was becoming unprofitable at current prices.
Take this study published Wednesday in Science Advances, based in part on GFW data, which found that without government subsidies, "as much as 54percentt of the present high-seas fishing grounds would be unprofitable at current fishing rates".
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That Amazon was so not-unprofitable at its then-young age at that particular pace of growth is impressive.
Psychedelic drugs are deemed to have limited medical utility and accordingly they are extremely unprofitable as a class (at least in terms of FDA approved pharmaceuticals).
Unlikely This Year | REUTERS Fab Said to Be Valued at $1 Billion in Financing Round | Fab, the online commerce company, "is in advanced talks to raise $250 million to $300 million in venture capital in a deal that would value the fast-growing but unprofitable company at $1 billion not including the new capital, people familiar with the matter said," The Wall Street Journal reports.
But while air traffic is growing apace with economic growth in most regions, the weakness of the recovery in Europe, combined with a weaker euro and the disruptions caused by the eruption of the volcano in Iceland this spring, will leave European carriers unprofitable until at least 2011.
Now the time has come to pay the bill collector, and these companies are forced to sell their unprofitable ventures at much less than they paid originally.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com