America’s Emerging Petro Economy Flips the Impact of Oil – WSJ

The effect of oil prices on the U.S. economy used to be straightforward: Higher was bad. Yet between 2014 and early 2016, as oil collapsed, growth slowed sharply. Since then oil has doubled, yet the economy has accelerated.
— Read on www.wsj.com/articles/americas-emerging-petro-economy-flips-the-impact-of-oil-1519209000

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