Impact of the Fluctuating Price of Oil on the Global Economy
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Description
Discussion will explore root causes for the rise and fall of oil prices, and will also focus on the impact of fluctuations in the price of oil on other industries and on the global economy. The session will seek to answer such questions as: What will be the long term effects of oil prices on the economy? What will this mean for alternative energy sources, such as solar and electricity? What will happen to housing component prices? Are we too comfortable with our inexpensive oil prices?
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