Oil and Gas

Where does America stand in the new geopolitics of oil?

Regular unleaded petrol is seen priced at $3.79 per gallon ($1 per litre) at a 76 gas station in Los Angeles, California February 4, 2016. A dramatic drop in oil prices, driven down by a glut in supply, is translating into a mixed bag for motorists. All countries have access to the same oil prices on international markets, but retail prices vary wildly, largely because of taxes and subsidies. REUTERS/Mario Anzuoni    SEARCH "THE WIDER IMAGE" FOR ALL STORIES - RTS98PY

The United States may have a steadying effect on global markets Image: REUTERS/Mario Anzuoni

Carlos Pascual
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Related topics:
Oil and GasGeo-economicsGlobal GovernanceUnited States
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