Source: EIA

Effects from the oil price slide are being celebrated by the average American consumer. AAA reports Americans may save as much as $75 billion in fuel costs in 2015, or $550 per household, which amounts to the lowest in more than a decade. Oxford Economics projects United States GDP will increase by roughly 0.7% in the new oil environment, while countries heavily dependent on hydrocarbon exports (Saudi Arabia and Russia, in particular) will suffer GDP losses in excess of 3.5%.

Source: Bloomberg

In the oil and gas industry, i...


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