Monday, December 01, 2014

WSJ: The Global Shakeout From Plunging Oil

New supply—rather than demand—is dominating the market, and OPEC has been caught by surprise.
Read the complete story at: The Wall Street Journal

It is a crackup that Obama and the Democrats could not leverage low gas prices to their advantage in the recent election, because cheap oil has become anathema to their vision of a fossil fuel-free world.