Facts and figures show the impact of low oil prices

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iconOEF REVIEW:The impact of sharply lower oil prices is being felt around the globe. Oil-dependent countries are trying to mend busted budgets. Oil companies are cutting production and workers. While consumers in some countries enjoy lower gas prices, elsewhere consumers are paying higher food prices due to declines in the local currency. This article gives some facts and figures from the USA, Canada, Saudi Arabia, Iraq, Iran, Europe/Russia, Asia, Africa, and Latin America.