U.S. Trade Deficit and the Impact of Rising Oil Prices
Description:
Petroleum prices have continued to rise sharply in 2008, at one time reaching more than $140 per barrel of crude oil. At the same time the average monthly volume of imports of energy-related petroleum products has fallen slightly. The combination of sharply rising prices and a slightly lower level of imports of energy-related petroleum products translates into an escalating cost for those imports. The prices of energy imports have been on a steady rise since summer of 2007, defying the pattern …
more
Date:
October 10, 2008
Creator:
Jackson, James K.
Item Type:
Refine your search to only
Report
Partner:
UNT Libraries Government Documents Department