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As Oil Prices Predicted To Remain Low, Energy Firms Seek Ways To Adapt

NPR | By Chris Arnold
Published July 28, 2017 at 4:54 PM EDT

The CEO of Royal Dutch Shell this week said his company is making a striking shift in its thinking: It now expects oil prices to remain low forever. The global oil glut of recent years shows no sign of diminishing. Energy demand has leveled off. And if electric vehicles take off, oil prices could come under even more downward pressure.

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Chris Arnold
Chris Arnold is a correspondent with NPR's investigations team. His stories often focus on people who are being mistreated and need help. Recently he's been reporting on election officials and workers around the country who are being targeted with threats and harassment fueled by Donald Trump's false claims about voter fraud and rigged elections.