Rising oil prices: How much of a danger?

Baldauf, Scott
July 1999
Christian Science Monitor;7/22/99, Vol. 91 Issue 165, p4
Reports on the impact of petroleum price increases on the United States economy. Factors keeping inflation down in the US; Example of West Texas Intermediate as a benchmark for crude-oil prices; Comments of economist Tom Hogarty about the demand for oil; Organization of Petroleum Exporting Countries' (OPEC) loss of power because of infighting and overproduction.


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