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Friday, December 26, 2014

Oil's Big Decline Yields Big Dividends for the US

Oil's Swift Fall Raises Fortunes of US Abroad from the New York Times
""A plunge in oil prices has sent tremors through the global political and economic order, setting off an abrupt shift in fortunes that has bolstered the interests of the United States and pushed several big oil-exporting nations — particularly those hostile to the West, like Russia, Iran and Venezuela — to the brink of financial crisis.""

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