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Federal Reserve, Oil Prices, and Economic Balancing
This chapter analyzes the intricate relationship between Federal Reserve interest rate hikes and their effects on oil and gas prices, highlighting historical demand trends during economic downturns. The discussion emphasizes the tension between reducing prices and fostering production investments, while also examining global oil pricing disparities. Additionally, it reflects on the potential macroeconomic consequences of oil price fluctuations and the complexities of government intervention in managing market cycles.