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Opinion: How Much Longer Can OPEC Hold Out?

Green Car Congress

The EIA even predicts that OPEC’s net oil exports (excluding Iran) could fall to as low as $380 billion in 2015. Cheap oil has created a huge financial crisis for Venezuela as its economy is heavily dependent on oil exports and oil revenues constitute about 95% of its total foreign exchange earnings.

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Europe Expands Virtual Borders To Thwart Migrants

Cars That Think

If it were legal to deliver rescued migrants to Libya, it would be as cheap as sending rescue boats a few extra kilometers south instead of east. Mediterranean migration hit international headlines in 2015 when the Syrian civil war helped drive up numbers to around 1 million people. But the post-2015 rules ballooned its budget.

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