20 Oct '12, 3pm
Drumbeat: October 20, 2012
Obama-Romney Debate a Chance to Delve Into Global Energy While President Obama and Mitt Romney have done plenty of sparring over domestic energy-policy issues—such as gasoline prices and who would drill more on public lands—they should both be prepared in Monday’s foreign-policy debate to lay out how they’ll take on the fundamentals of a rapidly changing world energy economy. The global energy landscape confronting the next president is very different from the one that faced the candidates battling for the White House just four years ago—and it raises a host of complex new foreign-policy questions. Oil Falls Most in Two Weeks on Economic Growth Concern Oil tumbled the most in two weeks as Microsoft Corp. and General Electric Co. missed quarterly sales forecasts, raising concern that slowing economic growth will reduce oil demand. Crude prices and the Standard & Poor’s 500 ...