Demand the oil price driver, not shortagesOil spike this time around not expected to translate into the troubles of past oil shocks, driven by instability in Middle East Martin Crutsinger Associated Press Economics Writer
Ouch. Oil is hovering above $66 a barrel and the price of filling up your car is approaching $3 a gallon.
While this year’s energy price surge looks a lot like the classic oil shocks of the past that sent the country tumbling into recession, this time a lucky combination of events should spell a di....
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Financial hardship expected
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