To the Point
Economic Malaise Grows as Oil and Gas Continue to Rise
Global financial markets were still in shock when they opened today after Friday's huge jump in oil prices and the big Wall Street decline. Yesterday, the average price of gasoline in the US hit $4 a gallon. The big fear is a "vicious cycle," according to Tom Petruno, financial writer and columnist at the Los Angeles Times .
By Warren Olney • • 1 min readGlobal financial markets were still in shock when they opened today after Friday's huge jump in oil prices and the big Wall Street decline. Yesterday, the average price of gasoline in the US hit $4 a gallon. The big fear is a "vicious cycle," according to Tom Petruno, financial writer and columnist at the Los Angeles Times.
The full episode
1 of 3
With Preliminaries over, It's Time for the Main Event- 1:30Economic Malaise Grows as Oil and Gas Continue to RiseYou’re reading this
- 7:18Democrats Shift Focus to the General Election
- 42:20Bush Lands in Slovenia for EU Summit
The full episode
1 of 3With Preliminaries over, It's Time for the Main Event- 1:30Economic Malaise Grows as Oil and Gas Continue to RiseYou’re reading this
- 7:18Democrats Shift Focus to the General Election
- 42:20Bush Lands in Slovenia for EU Summit