THE US AND OIL PRICES: VOLTE-FACE OR WINDOW DRESSINGS

The belated discovery by at least some members of the US administration that low oil prices can harm the vital interests of the United States notably by the ruin of the whole complex of energy-related domestic industries and financial institutions in the US, to say nothing of the bankruptcy of strategic friendly nations such as Mexico, Venezuela, Nigeria and Indonesia - gives rise to a situation rich in ironies.

Can it really be true...