OPEC AND OIL PRICES
Cheap Oil Means End of US Energy Advantage
One little-considered consequence of the collapse in oil prices and the recent decline in the value of the dollar is that the US is about to lose the energy advantage it has enjoyed over its major industrial competitors for most of the twentieth century, according to Mr. Michael D. Tusiani, the Chairman of the New York ship and products brokers and consultants Poten and Partners.
In a paper entitled "America: The...
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