Posted: 03 Oct 2012 04:16 AM PDT
Prof.
James Hamilton of University of California recently wrote a post called
Thresholds in the economic effects of oil prices. In it, he concludesAs
U.S. retail gasoline prices once again near $4.00 a gallon, does this
pose a threat to the economy and President Obama’s prospects for
re-election? My answer is no.http://theenergycollective.com/gail-tverberg/119826/can-economy-learn-live-increasingly-high-oil-prices?utm_source=feedburner&utm_medium=email&utm_campaign=The+Energy+Collective+%28all+posts%29
Reflections from news and commentary of the day
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