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Is Oil Low Price Going to Sustain the Economic Recovery?

... major oil exporters because of the sharp drop in oil prices. The United States is the only major economy for which growth projections have been raised.” (Source WEO) Somewhat remarkable in the U.S. case, the growth is following the crisis of shale industry, which was allegedly the revolutionary approach that would should have brought energy independence and strengthened the economy. Just to give an idea of the latest proportions of the crisis of the American oil industry let's just ...

Опубликовано:
17.02.2015 14:11:00

A Chess Match for the Control of Oil

... outright hostile stance of Western countries towards the Russian Federation, might still suggest that there could be some truth to this view. The Pin Attack The other theory states that Saudi Arabia is moving not against Russia, but against American shale oil and gas, which the Arab country would see as an undesirable market competitor, especially once the shale fuels will be ready to be exported consistently from the United States, if ever. Indeed, there are some elements that support this conclusion....

Опубликовано:
30.12.2014 21:27:00

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