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ArtikelThe Cost of Cheap Fuel  
Oleh: Foroohar, Rana ; Saporito, Bill ; Altman, Alex ; Gupta/Caracas, Girish ; Walsh, Bryan
Jenis: Article from Bulletin/Magazine
Dalam koleksi: Time Magazine vol. 185 no. 03 (Feb. 2015), page 18-25.
Topik: global economy; oil; the US outlook; the math of cheap oil; the US export; big loser; global forecast
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    • Nomor Panggil: T7
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Isi artikelIt's the biggest news in the global economy right now: oil is cheaper than anytime since 2009. And the impact is obvious as the sign at the corner service station, where gas is down to an average of $2.05 a gallon-the equivalent of a $750 tax cut for every American household. But oil is more than just the fuelin our tanks. It's the world's most valuable commodity, and ripples from the price crash reach everywhere. They can help create new jobs but also threaten existing ones, spur innovation or slow it, and fit entire nations while weakening others.
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