Price of Oil, U.S. Economy in Quite a Catch 22

As the price of crude oil goes up, there is fear of economic slow down in the U.S., which would likely cause us to have a lower demand for oil. In turn, this causes the price of crude oil to fall. But, as crude oil falls, the threat to the U.S. economy is lessened, which subsequently causes the price of crude oil to slowly tick upwards.

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