Will High Oil Costs Permanently Ruin World's Economy?

From Mc Clatchy DC

For President Barack Obama and Republican rival Mitt Romney, the race for the White House seems indisputably centered around one issue: Who can do more to bolster the sputtering U.S. economy.

But to some experts, spikes in oil prices over the last several years have signaled an ominous turn that could make it nigh on impossible for any president to expand the economy as it has in the past.

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© 2013 Energy Tribune

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