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7 May 2016. It is hard to overstate the significance of the Doha debacle. At the very least, it will perpetuate the low oil prices that have plagued the industry for the past two years, forcing smaller firms into bankruptcy and erasing hundreds of billions of dollars of investments in new production capacity.

TOM DISPATCH

http://www.tomdispatch.com/blog/176134

At industryabout.com:

World - Oil and Gas Industry

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