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Peter Emerson's Articles in Economics

  • Current Oil Prices
    Over the past year, retail prices of gasoline and heating oil have increased by almost 50 cents per gallon. Diesel fuel prices have increased by more than 50 cents per gallon.
  • Crude Oil Prices
    Historically, crude oil or petroleum prices in the United States have been affected by a variety of global factors. In the beginning of the 20th century, crude oil production began to be controlled by the US government, with restrictions on the amount of production and price to conserve this valuable energy source.

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