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.
Thank you, AEA
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I am deeply honored to be named a Distinguished Fellow by the American
Economic Association--especially at the same time that my wonderful
colleague Ludw...
2 days ago
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