Oil

Essay specific features

 

Issue:

Business

 

Written by:

Lindsay B

 

Date added:

September 5, 2016

 

Level:

College

 

Grade:

A

 

No of pages / words:

1 / 251

 

Was viewed:

8361 times

 

Rating of current essay:

 
Essay content:

With the possibility of the Iran nuke crises in the future outlook and one of the most intense hurricane seasons looking quite possible the price of oil may just starting its steep incline. At $70 a barrel, if it's sustained, will continue to drag consumer spending, which is already coping with the FED's steady increasing of higher interest rates and a cooling housing market...
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At $70 a barrel, if it's sustained, will continue to drag consumer spending, which is already coping with the FED's steady increasing of higher interest rates and a cooling housing market. Higher oil prices also may apply upward pressure on inflation, but for the short term it is unlikely. Many consumers and analysts are unclear if oil will continue to raise and dampen the outlook for the U...
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