John Kildruff, the founder of energy trading company Again Capital, predicts oil will reach as low as $18 a barrel. If his prediction comes to pass, it will continue to upend the world's energy equation.

Justice may be slow but it is sweet. Iranian oil will put additional pressure on OPEC.

The announcement that the Obama administration would be stopping issuing new coal leases on federal land should catch no one by surprise. Obama promised to shut down the coal industry back in 2008.

OPEC's hopes that low oil prices, owing to its full-tilt pumping operations, would remove production in the United States' oil fracking areas continue to be dashed on the rocks of American ingenuity and opportunism.

Gas and retail prices are lower, but consumers aren't spending. Could a recession be on its way?

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