Sentences with phrase «recent drop in oil prices»

The far - reaching consequences of the recent drop in oil prices have been a testimony to just how central crude is in American life: With cheap gasoline bringing more drivers onto the road, traffic deaths were up nearly 10 percent in the first nine months of 2015.

The recent drop in oil prices has Todd Hirsch, ATB Financial's chief economist, predicting a mild recession for Alberta this year and a sluggish recovery next year after forecasting in June that the province would avoid such an economic decline.

Although much of the recent drop in oil prices has been due to the prospect of higher exports from Iran in the coming months (the International Energy Agency forecasts an extra 300,000 barrels a day by the end of March), the dumping of stored oil is essentially a short - term factor, and its influence on crude prices should logically pass quite quickly.

He also added, «The recent drop in oil prices and related declines in equity markets have been unsettling to investors.»

He can't be happy to see the recent drop in oil prices already has more U.S. drivers switching back to gas - guzzlers.

Finally, the Fed felt it could act at this time due to the recent drop in oil prices to near $ 80 a barrel in New York, and the reassuring news on inflation issued over the past week on both the producer and consumer prices.

The recent drop in oil prices is providing relief to consumers» budgets in the form of lower gasoline prices.

Plus, the recent drop in oil prices has led to supply and demand responses that are helping to keep oil markets from melting down.

Oil production began declining in 2005, and the recent drops in oil prices have left the Mexican government scrambling to fill a budget shortfall.

At the same time, the recent drop in oil prices and ultra-low yields on U.S and foreign government bonds may be signaling slower growth abroad.

In this issue, we address the economic costs of deflation, the evolution of investment after the financial crisis, the role of debt in the recent drop in oil prices, how financial inclusion affects central bank policy, and market liquidity.

The recent drop in oil prices has taken some wind out of the inflation sails and caused rates to drop and talk of 2015 rate increases to all but disappear.

With the recent drop in oil prices, many energy companies» shares have become less expensive.

It is not yet clear what impact, if any, the recent drop in oil prices and the bursting of an inflationary bubble in Dubai may have on government plans for museums.

However, the impact on the index of the recent drop in oil prices, and the subsequent weakening in activity, has not yet been realized.

Though it's good news for consumers, the recent drop in oil prices to less than $ 50 a barrel threatens to derail the success of some of the nation's office markets...