Dallas Fed: Energy sector slump a 'small shock'

Dallas Fed: Energy sector slump a 'small shock' Austin, Texas (UPI) Jan 6, 2017 - A stronger U.S. dollar and last year's decline in the energy sector could be a "small shock" that weakens economic expansion, a Texas economist said. A November decision from the Organization of Petroleum Exporting Countries to limit production starting in 2017 helped establish a $50 per barrel floor under crude oil prices, which in early 2016 dipped below the $30 mark. In late D ... more

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