Tag Archives: high oil prices

Lower Oil Prices–Not a Good Sign!

Posted on June 28, 2012 by

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 →

Posted in Financial Implications, News Related Post | Tagged , , , , , , | 30 Comments

Where do continued high oil prices lead us?

Posted on January 18, 2012 by

We know high oil prices have an adverse impact on the economy, often leading to recession. According to Economist James Hamilton, 10 out of 11 of US recessions since World War II have been associated with oil price spikes. But … Continue reading →

Posted in Financial Implications, Planning for the Future | Tagged , , , , , , | 67 Comments