Oil Prices are Dropping. So What?

Oil Prices are Dropping. So What?

As the global oil supply has increased and demand has weakened, prices are down to about $80 a barrel, a more than 25 percent drop since June, and recently fell to a three-year low. What should we make of this shakeup? Will it scramble our economy or upend global politics, doom the Keystone Pipeline or boost American car sales? We asked the country’s leading energy thinkers to tell us how dropping oil prices matter the most—or don’t—for Washington. Here’s what they had to say.

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