MarketWatch | Opinion: Will oil be so cheap that it won't pay to pump it out of the ground? MarketWatch LONDON (Project Syndicate) – The conventional wisdom regarding the recent plunge in the price of oil CLH6, -4.38% is that we are seeing a repeat of the 1985-1986 collapse, when Saudi Arabia ramped up production as part of a dispute with other members ... Geopolitical Impact of Oil's Drop Shows Why There's No End in Sight |