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Essay (General) # 72080 :: Oil and the Economy
This paper explores the potential effects on the American economy of high crude oil prices in 2004.
Written in 2004; 1,356 words; 9 sources; APA; $ 47.95
Paper Summary:
The paper researches the potential effects on the American economy of high crude oil prices in 2004. The paper discusses the dependence on oil for energy purposes and describes the energy problems in the U.S. and the world at large, including crude oil prices. The paper illustrates the effect on the American economy.
From the Paper:
"High crude oil prices and in turn high prices for refined products, are the source of worries about the economy in the fall of 2004. The world's dependence on energy sources, most of which are not located in areas where they are consumed, causes the locations of world energy reserves to be as crucial a concern as are the energy surplus and deficit characteristics of the various international regions."

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