It may be hard to imagine, but other things have been going on in the world besides the election. One is the striking decline in oil prices, from a long period of well over $100 a barrel to a point now, by some indices, of under $80 a barrel. Of course, Americans across the country are seeing it in plummeting gas prices—now in some places under $3 a gallon for regular. Like other good economic news, this fact has made no perceptible difference at the polls. But it has huge implications for global politics and economics—especially if, as is quite …read more
Source: The Atlantic
