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The (mostly happy) effects of falling oil prices

Dan Farber, professor of law | January 5, 2015

The rapid fall in oil prices seems to have taken everyone by surprise. I’ve noted before that it puts the viability of the Keystone XL project in doubt.  But its other effects are worth considering. Overall, the fall in prices should have a beneficial effect on the U.S. economy. Since gasoline is cheaper, people can … Continue reading »