While the price of oil is unpredictable, for nearly the past three years, Long Beach and its Tidelands Capital Budget, which is funded entirely from oil revenue, has been sitting comfortably on barrels priced at about $100. This means the 2015 Tidelands Capital Budget and 5-Year capital plan, written under the optimistic assumption that the price of oil would continue to hover around at least $70 a barrel, must be reevaluated in order to handle the now-current situation of oil priced at only $50 a barrel.