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Oil Shock


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2005 Sep 23, 2:25am   29,370 views  276 comments

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By Randy H

Oil Shock! It now appears that the US will suffer another severe blow to its oil refining infrastructure. With this being the second major shock to the supply-side of energy in less than a month, and with oil, gas and petrol being major inputs into the US economy, how could this affect the overall US economic situation. Could inflationary energy pressures, rising interest rates, and worsening deficits finally pop the real-estate bubbles in the “frothy” RE markets?

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276   tsusiat   2005 Oct 20, 4:17pm  

Eh?

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