The National Interest Online | Cheap Oil and the Poor Huffington Post After four years hovering at about $100 per barrel, the price of oil has suddenly collapsed -- and is expected stay at $70 or less in 2015. Both more supply and less demand are behind the change: large producers in the Arabian Peninsula keep pumping ... Oil Bust Will Hurt Housing in Texas, Oklahoma, Louisiana China: The Real Reason for the Great Oil-Price Crash? Oil holds ground as traders search for bottom of rout |