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Why plunging oil prices now hurt, yes hurt, the US economy - MarketWatch
Why plunging oil prices now hurt, yes hurt, the US economy MarketWatch “The key point to remember here is that the lower oil prices are now a net drag on the U.S. economy, because the [capital-expenditure] cutbacks triggered in the shale oil business outweigh the gains to consumers' spending from cheaper gas prices,” said ... |
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