Oil prices could ruin economic growth - Finance & Money Forums

		Finance & Money Forums > Finance > Economy
Oil prices could ruin economic growth

Today's Posts

Mark Forums Read

Economy Discussion of the UK economy and economic news.

Thread Tools

#1 (permalink)

09-18-2007, 03:00 PM

Finance News Finance News is offline

Senior Member

Join Date: Sep 2007

Posts: 1,244

Oil prices could ruin economic growth

Oil price rises beyond $80 a barrel are inevitable, and will cause a profound effect on the US economy, a statement released today intimated. US Energy Secretary Sam Bodman stated that prices in the region of $80 a barrel could hinder economic growth, and lead to inflation in energy prices and consumer products. Analysts have forecast $80 [...]

More: Oil prices could ruin economic growth

« Will the Fed drop interest rates this 18th? | Borrowers will benefit from bank injection »

Thread Tools
Show Printable Version Email this Page

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts vB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are Off

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
RICS reveals drop in house prices	Finance News	Property	0	09-18-2007 03:00 PM
Middle-class earning growth doubles inflation	Finance News	Economy	0	09-18-2007 03:00 PM
UK manufacturing industry growth continues	Finance News	Economy	0	09-18-2007 03:00 PM
Oil prices continue declines	Finance News	Economy	0	09-18-2007 03:00 PM
Profiting from Oil Prices	feline	Investing	3	12-15-2006 04:04 AM

All times are GMT +1. The time now is 04:20 AM.