Geopolitical crises abound, but oil producers are still pumping -- and pumping more than the world needs.
Here's a bit of a puzzler. The world is in flames, with an Islamist terrorist group on the rampage across the Middle East, the White House weighing another fight in Iraq, Russia and Europe still trading sanctions and salvos, Yemen imploding, North Africa reeling from one mess to another, and, as if that weren't enough, a deadly fever spreading exponentially in Africa. Yet oil prices keep falling and are now at their lowest levels in more than a year.Exploding World, Cheap Oil by Thavam
