Economics for Dummies: The truth about those “dropping” oil prices

oil-price-suppression

“Dude…and to think there are people who call this a ‘drop’ in the price of oil!”

On the upside, though, this is terrible news for anyone who wants to despoil the Arctic, contribute to the mess that is Mordor (in Alberta), and frack up the US countryside. Because with oil prices down the way they are, it’s going to be highly unprofitable to do any of those things. Ha, ha.

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