It’s Been a Rough Summer for Oil

It’s been a rough summer for oil: Crude futures have dropped 30% since the start of June, and Gary Shilling (admittedly, a well-known deflationist) says prices are heading to $10 to $20 a barrel. Consumers can look forward to more savings at the pump in the coming months—while oil producers, particularly smaller ones, must find a way to weather the stor…