Item of General Interest
I will be speaking at a conference on oil limits at the UNED Center in Barbastro (Huesca, Spain) on October 9-10. I may not be available for comments very much for a few days, because of my travels.
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Are lower oil prices good news? Not really, if it means the world is sinking into recession. We know from recent past experience and from common sense that higher oil prices are a drag on oil importing economies, since if … Continue reading →