Where will it go? No one really knows, but Goldman Sachs predicts that oil will continue to rise in the long run. My only hope is that Obama's ambitious green energy plans and increased efficiency ensure that we stay out of a recession (for some time) with any price of oil.
Principles of Economics, 11e
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The new edition of my favorite textbook will be available on January 9,
ready for spring semester classes.
3 weeks ago
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