Will oil-company mergers lead to higher fuel prices?
Article Abstract:
Oil company mergers will lead to higher oil products because non-competitive practices ultimately harm consumers. In the oil industry companies generally own and operate all phases of the business from the extracting to refining to deliver. If the oil industry continues to consolidate there will be less competitive practice in all areas of the industry. However, the American Petroleum Institute claims low prices for oil are putting pressure on oil companies to remain profitable and continue to locate and produce for future need.
Publication Name: CQ Researcher
Subject: News, opinion and commentary
ISSN: 1056-2036
Year: 1999
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Deflation fears: are falling prices a bigger threat than inflation?
Article Abstract:
Lower prices for manufactured goods, sharp drops in real estate and stock prices in Asia, and lower prices for such commodities as gold indicate overall prices going down and a risk of deflation. Perhaps the US is more vulnerable than has been been thought to associated risks, among them declining corporate profits and increasing debt burdens. A recession could develop if financial institutions and policy-makers do not grasp the risks and prepare.
Publication Name: CQ Researcher
Subject: News, opinion and commentary
ISSN: 1056-2036
Year: 1998
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