Actually, a high oil price might be a good thing for the world
3 Nov 2014

By SCOTT MONTGOMERY. - Oil prices have fallen dramatically since August – and, rather counter-intuitively, this could be a bad thing.
As of late October, the price of oil has fallen from US$110 per barrel (bbl) to below US$85. There are predictions it could further descend to US$60-$70.
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