On Tuesday, September 30, 2008, members of the Graziadio School community came together from New York to Los Angeles on a conference call to hear about America’s financial crisis from a distinguished panel of professors.
Edward H. Fredericks, Jr., MBA, CFA
What effect has a year of high oil prices had on the global economy? This article revisits the causes of high prices: supply, demand, speculation, and refinery capacity.
Energy prices are a continuing concern to world economies. If oil prices do continue to increase, the rate of recovery of world economies may be slowed.