Comment on The Hidden Effects of Cheap Oil

The Hidden Effects of Cheap Oil

An oil field in the Siberian city of Krasnoyarsk ( Sergei Karpukhin/Reuters ) What do Russia, Exxon Mobil, and ISIS have in common? Not much, except that they’re all grappling with an inconvenient but incontrovertible truth: a sudden, significant, and prolonged shift in the price of oil changes the world.

 

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