"It’s bad for members of the Organization of the Petroleum Exporting Countries, or OPEC, and other nations and governments that rely heavily on oil exports because their income has taken a huge hit. It’s especially bad for Russia and Iran, which have relied on high oil prices to defy the United States and Western sanctions. It’s bad for the environment ..."
From around the corner to around the world, foreign and domestic news items -- for the more thoughtful progressive!
Wednesday, October 22, 2014
Low Gas Prices Bring Low Many of the Globe's Worst Actors
The Upside of Lower Oil Prices from the Editorial Board of the New York Times
"It’s bad for members of the Organization of the Petroleum Exporting Countries, or OPEC, and other nations and governments that rely heavily on oil exports because their income has taken a huge hit. It’s especially bad for Russia and Iran, which have relied on high oil prices to defy the United States and Western sanctions. It’s bad for the environment ..."
"It’s bad for members of the Organization of the Petroleum Exporting Countries, or OPEC, and other nations and governments that rely heavily on oil exports because their income has taken a huge hit. It’s especially bad for Russia and Iran, which have relied on high oil prices to defy the United States and Western sanctions. It’s bad for the environment ..."
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