Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Friday, July 24, 2015

Nine Reasons Why Low Oil Prices May "Morph" Into Something Much Worse

Posted: 24 Jul 2015 07:42 AM PDT
Why are commodity prices lagging? The question comes back to, “Why isn’t the world economy making very many of the end products that use these commodities?” If workers were getting rich enough to buy new homes and cars, demand for these products would be raising the prices of commodities.read morehttp://www.theenergycollective.com/gail-tverberg/2252055/nine-reasons-why-low-oil-prices-may-morph-something-much-worse

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