Pantheon Macroeconomics - Under normal circumstances, the boost to consumption from the astonishing collapse in oil prices would act as a substantial--though not complete--offset to the hit to capital spending in the shale business.

U.S. | 21 Apr 2020 All Pain and No Gain as Oil Prices Plunge, the Windfall is Unspent
Under normal circumstances, the boost to consumption from the astonishing collapse in oil prices would act as a substantial--though not complete--offset to the hit to capital spending in the shale business.

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21 Apr 2020 All Pain and No Gain as Oil Prices Plunge, the Windfall is Unspent

By Ian Shepherdson

Under normal circumstances, the boost to consumption from the astonishing collapse in oil prices would act as a substantial--though not complete--offset to the hit to capital spending in the shale business.

Posted: 21st Apr 2020 in 'U.S.'

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