Crude Prices Are Down–What’s Up?

Given that macro-economics isn’t an exact science, there are many opinions on the causes and effects of the plummeting price of crude (down 6.6%) today.  One, given on today’s edition of NPR’s “Marketplace,” is that the developed world has accepted the reality of climate change and it’s working full-bore on reducing carbon emissions. Everyone with lungs needs to believe that’s true.