Here I re-tread a well-trodden path, but with recent events in the oil market I thought a brief recap might be timely. I begin with a photographic illustration of a typical US demand response to the ...
One month ago, when looking at the sharp spike in oil and gasoline prices (which at the time averaged $2.73), we said that the surge in energy costs - largely the result of geopolitical risk emanating ...
The U.S. has experienced five oil price shocks since 1970. The average oil price shock has been a 127% price increase over an 11-month period. My analysis indicates that the stock market does decline ...
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