MacroVoices #335 David Hay: Why US Energy Prices Can Rise Even In Recession
Macro Voices
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Why Is It Easier to Switch to Natural Gas Than Oil?
CNN's John Defterios says companies are already making the switch from oil to gas. He argues that this is just another manipulation of the oil market, which has been going on for a long time. The move will use up any demand destruction that occurs, and it would have to be a distrific global economy, defterios says.
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