NEW PRESSURES IN THE NEW OIL ORDER

摘要

We hear a lot about lower oil j prices putting extra money in the pockets of consumers, and how oil importers, like India and China, will benefit from the crude price collapse. These are clear positives for much of the world as we wait for oil markets to "stabilize" in this new, more Darwinian j world order, in which market forces will, j over time, drive out the higher marginal cost oil producers.