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Tag: US oil consumption

Business and Economics: The price of oil, Part II

By Jack Posted on May 27, 2016 Posted in business, economics, lifestyle Tagged with price of oil, US oil consumption, US oil production

The tutor looks into why oil is less than half its price two years ago. Back when oil was over $100, I thought I understood the reason: China, India, and other developing countries have a growing middle class. Those swelling …

Business and Economics: The price of oil, Part II Read more »

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