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Shell to cut jobs to cope with long period of cheap oil

LONDON - Royal Dutch Shell announced deep cuts to jobs and investment on Thursday as the global energy giant prepares for a prolonged period of low oil prices.
From car lots to city budgets, cheap oil means change

WASHINGTON - Cheap oil doesn't only mean cheaper gas in the tank. It means that a car dealer in Illinois is shuffling the inventory of models he'll...
Expert questions ANWR job claim

...significantly curtail their oil production once the price dropped. In addition, he said the study overstated the effect that cheaper oil has on the economy. Chuck Logsdon, a state oil economist, said the state assumes ANWR will have no effect on world...
My Turn: America needs to encourage democracies in Middle East if we continue to ignore the obvious: our propping up of despotic regimes because they are willing to give us cheap oil is a prime cause of the anger that so many in the Middle East feel toward the United States. It is that anger which Osama...
My Turn: The difference between Iraq and Korea

...undeniable. But I strongly suspect that the prospect of cheaper oil for the U.S. is the main reason behind the Bush administration's...them from the tyranny of Saddam Hussein, but mostly for cheap oil, so that we can hopefully lower the price of gas at...
Outside editorial: Using oil reserve now could hurt US later

...congressional representatives are backing the idea because they know it will appeal to many Americans who are used to cheap oil and tooling down the road in SUVs. President Barack Obama is said to be considering draining some of the 726-million...
Outside editorial: Keep Iran's protest alive

...days on an international campaign to legitimize what they claim is his re-election victory. Look for promises of cheaper oil or signs of increased diplomatic activity involving China, Russia, Venezuela and Iran's Persian Gulf neighbors...
Beauty of Alaska preserve in eye of the beholder

...either prices or global oil markets, many energy experts say. "As long as the Persian Gulf nations have a lot of (cheap) oil, they're going to dominate the world market whether we allow drilling in environmentally sensitive areas or not...
Macho Middle East policy

...recognizing the complaints of Muslims who see us supporting tyrannical regimes in Saudi Arabia and Kuwait in exchange for cheap oil and disproportionately supporting Israel against the Palestinians, we ignore Arab perspectives, thereby increasing Muslim...
State: Cheaper oil could bust budget in 2007

Ramped-up oil production in Russia and Iraq are likely to push world oil prices down, exhausting Alaska's budget reserves by 2007, according to the state Department of Revenue.


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