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OPEC’s Failure to Reduce Oil Output to Keep U.S. Gas Prices Low

OPEC's failure to agree on output will keep U.S. gas prices low.

Report

Top Economist: OPEC Is Preparing for ‘Long-Term Type of War’

The research chief of Abu Dhabi’s $750 billion investment fund believes the oil cartel will keep pumping, even though prices are low and there’s already too much of the stuff.

Argument

The Promise and Peril of Cheap Oil

Everyone likes $2 gasoline. But what if it's bad for the long-term growth of the U.S. economy — and for global stability?

Report

Oil Glut Sends Crude Prices Tumbling and Hammers U.S. Producers

Supply is outstripping demand by more than 2 million barrels per day — and that's before Iran starts selling more crude in the wake of the landmark nuclear deal with Washington.

Report

The Next Iranian Revolution

With an end to sanctions in sight, one of the world’s richest oil and gas prizes is about to open up. That makes some nervous, but has oil majors and energy-hungry countries rubbing their hands in anticipation.

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    March 2015 Issue Cover