Domestic Oil Production and Full Employment with Arnab Datta
Energy Thinks with Tisha Schuller
The Importance of a Stable Oil Price to the Economy
An oil price shock presents one of the biggest threats to the economy. One way we can really mitigate inflation and lower it is by encouraging oil prices to stay low or at least stable. Oil shocks are pretty harmful to the economy and tend to cause recessions themselves. And so that's kind of really how we got involved in oil policy.
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