Business Services Industry
Effect on U.S Economy of Presence of Iraqi Oil in Market Hard to Predict.
Knight Ridder/Tribune Business News, April, 2003
By Michael E. Kanell, The Atlanta Journal-Constitution Knight Ridder/Tribune Business News
Apr. 27--The war with Iraq is over, but the uncertainty is not. And one of the biggest unknowns is how much impact the return of Iraqi oil to the market will have on the wobbly U.S. economy -- and how soon.
A lot is riding on the answer. Optimists say Iraqi oil holds the promise of keeping global energy prices down, limiting the influence of the Organization of Petroleum Exporting Countries and offering relief to beleaguered American consumers and companies.
"I think the war changed things in a big way," said economist Ujjayant Chakravorty of Emory University.
Few oil wells were torched by Iraqi troops. No missiles hit Saudi oil fields....
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
