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The Coming Energy Wars.(Cover Story: World Affairs)(how a $200 oil barrel can affect world economy)
Oil prices could hit $200 a barrel in the next few months. How the spike changes everything.
This spring, America hit a historic point. With average gas prices per gallon edging toward $4, America's notoriously profligate ways started to change fast. Americans are driving less, using mass transit more, buying fewer gas guzzlers, indeed shopping less wantonly in general, and lowering their previously unshakable confidence as consumers. Suddenly, Americans are acting differently; if not exactly like Swedes, then not quite like themselves, either. It's a shift that could change the world.
And there are more changes to come. So far the price shock has ...
- World economic prospects and the risks from oil prices.(THE WORLD ECONOMY)
- Magazine article from: National Institute Economic Review April 1, 2005 700+ words
...major risk to the world economy as they may induce...led to a rise in oil prices to around $48...Recent increases in oil prices from their already...consequences for the world economy. While the current high levels of oil prices can be explained...
- Moderate oil prices better for world economy - WB chief.
- Newspaper article from: Energy News June 3, 2004 700+ words
Moderate oil prices better for world economy - WB chief MOSCOW. June 3 (Interfax) - High oil prices are significantly reducing...volumes and therefore moderate oil prices are better for the world economy in general, World Bank...
- EGYPT: OIL PRICES HIKE POSES SERIOUS THREATS TO WORLD ECONOMY.
- Newspaper article from: IPR Strategic Business Information Database August 19, 2005 700+ words
...Petroleum Sameh Fahmy said that the hikes of oil prices pose grave threats to the world economy since all the development programmes are to...addition, Fahmy asserted that the upping of oil prices helps in boosting Egypt's programmes for...
- Oil prices and world inflation.(THE WORLD ECONOMY)
- Magazine article from: National Institute Economic Review Barrell, Ray Pomerantz, Olga January 1, 2008 700+ words
...January 2008 global economy forecasts, oil prices rose by almost $20 per barrel, and...level we projected in October. Real oil prices have risen almost to the level seen in...anticipated throughout this year. A rise in oil prices puts up the general price level, all...
- WORLD ECONOMY DISPLAYING UNEXPECTED WEAKNESS SIGNS / DESPITE OIL PRICES, LOW...
- Newspaper article from: The Journal Record PAUL LEWIS, N.Y.T.N.S. July 22, 1986 700+ words
PARIS - The world economy is suddenly displaying unexpected signs of weakness just when falling oil prices and low inflation appear set to strengthen...following the second shock from higher oil prices in the late 1970s. But the boost from...
- Soaring oil prices might retard growth: Planning Commission.
- News wire article from: PTI - The Press Trust of India Ltd. June 26, 2006 700+ words
...The impact of high oil prices on the world economy is some what muted...adjust to higher oil prices but, as pointed...imbalances in the world economy which make it vulnerable...persistence of high oil prices does pose difficult...
- A threat to recovery; IMF head warns on high oil prices.(Business)
- Newspaper article from: Manila Bulletin May 9, 2004 700+ words
...warning of the impact of high oil prices on the world economy. In his first public statements...elected Tuesday, Rato said that oil prices, which have hit a 14-year...variable" in the recovery of the world economy and were necessary for avoiding...
- The Philadelphia Inquirer The Economy column: A shift in forces pushing oil...
- Newspaper article from: Philadelphia Inquirer (Philadelphia, PA) August 4, 2006 700+ words
...the culprit when oil prices soared in the early...But this time the world economy didn't go into...the forces pushing oil prices higher. "The oil...of supply-driven oil prices on the world economy. When demand is...
Source: HighBeam Research, The Coming Energy Wars.(Cover Story: World Affairs)(how a $200 oil...