Blindsided by technology

The drop in oil prices is not a transient event; it’s a revolution.

US DOE Photo
Sunoco Terminal crude oil storage tanks near Nederland, Texas in September 2014.
Gwynne Dyer
Published: Wednesday, 10/22/2014 12:00 am EDT

“The price of oil will hit its floor and it will rise again,” President Nicolas Maduro assured Venezuelans, whose shaky economy depends critically on a high oil price.

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